In the SMP Compendium, Schuld is a German word that has two etymological meanings, a legal one and a financial one. The financial meaning is commonly used to refer to “Debt,” which is the amount that an indebted borrower owes… Read More ›
Federal Socialism
Compendium: Financial Regime
The term ‘Financial Regime’ is used throughout the SMP Compendium to refer to the political forces in command of a nation-state’s monetary policies. A lot of confusion about how monetary policies are conducted and realized within conventional economics can be… Read More ›
Compendium: Japan’s Lost Decades and the Rise of Zombie Firms and Zombie Banks
The “Lost Decade” refers to an economic and financial crisis that affected Japan, the effects of which continue to linger since the 1990s. The Japanese economy was devastated by the bursting of the asset-price bubble that came as the consequence… Read More ›
Compendium: A Critique of Labour Vouchers and Time-Based Currencies
The Work-Standard was never designed to be operating according to the paradigms of Labour Vouchers and Time-Based Currencies. Both pseudo-currencies were developed as products of Utopian Socialist endeavors by people like Robert Owen and Josiah Warren at the height of… Read More ›
Compendium: Impact of Work-Standard on Trade Policies
Unlike regular national economics, the field of international economics covers a broader political dimension that spans the entire planet. It is normal for nation-states to engage in international trade with others for whatever they need for their own economies. The… Read More ›
Compendium: Role of NSFIs within Work-Standard Economic Planning
National-Socialized Financial Instruments (NSFIs) are devised to not only to allow for a proper Socialist alternative to Financial Markets, but also overcome the well-known shortcomings of conventional types of economic planning. Their goal is to realize the conceptualization of an… Read More ›
Compendium: Hamiltonianism and the Form and Actuality of “Federal Socialism”
In my Readings of Prussianism and Socialism, I have insisted that Oswald Spengler’s arguments therein to be considered relevant in an American context. My justification for this pertains to the idea that Alexander Hamilton and the pro-Hamiltonian faction within the… Read More ›
Compendium: Types of Economic Organization
The Work-Standard is intended to operate under a Planned or Command Economy. For best results, the Planned or Command Economy in question is to operate according to the Vocational Civil Service (VCS) model of economic governance. The VCS model has… Read More ›
Oswald Spengler’s Prussianism and Socialism (Part IV of IV)
The Spenglerian association of Prussia with Socialism, as paradoxical as it may seem to most people, does have an historical basis. The history surrounding this association is unfortunately too obscure, even though a Prussian origin can be discerned in the… Read More ›
Oswald Spengler’s Prussianism and Socialism (Part III of IV)
A large portion of Prussianism and Socialism was devoted to the “English instinct,” the term Spengler chose to describe Liberal Capitalism. Spengler specifically chose this term, just as he had also identified Socialism as being the “Prussian instinct,” because he… Read More ›
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