There may be moments where the Price of a Currency pegged to the Work-Standard may be underpriced or overpriced. Put another way, their Price may not reflect the true Value of Arbeit. A similar problem may occur where the Quality… Read More ›
Finance
Compendium: Why Vocations are the only Acceptable Source of Arbeit
All Arbeit contributed to the Life-Energy Reserve must originate from one of two sources: either Vocations synchronized with the VCS Economy or from Real Trade Agreements. Any Arbeit that does not come either or both will not be registered by… Read More ›
Update (14 July 2021)
Work on the upcoming SMP Compendium entries for this week are coming along as planned. I have decided that at least two Compendium entries related to the VCS Economy model is enough to suffice. The topics in question pertain to… Read More ›
Compendium: How the State implements and enforces the Paygrade Scale
The Paygrade Scale of the Vocational Civil Service Economy is influenced by overall economic conditions. A Paygrade is affected by the Attrition Rate and the Total Economic Potential as the two primary metrics. Both will affect how much Geld each… Read More ›
Update (12 July 2021)
As of late, I am proud to report that work on the draft copies of upcoming posts for this week are proceeding along smoothly. For this week, I will be working on the rest of the SMP Compendium entries pertaining… Read More ›
Compendium: How the State receives Revenue and allocates the Budget
The Vocational Civil Service (VCS) Economy model does not rely on the conventional taxation policies found in Liberal Capitalism. The State receives the Revenue for its Budget from the same national economy that it predominantly owns and controls. All Geld… Read More ›
Back from Hiatus
I am writing this post to let my followers and others reading The Fourth Estate that I have returned from my hiatus. For those who are unaware, I took a break from posting anything on the Blog last Tuesday, which… Read More ›
Webpage Update
The new webpage has been completed. As one will notice, it serves as an introductory page on the Work-Standard in order to introduce others to the concept. I left the conceptualize brief, as its purpose is to serve as an… Read More ›
The Fourth Estate on the Wayback Machine and Work-Standard Webpage Update
Anyone concerned about links to various webpages or posts on The Fourth Estate will rest assured that I have taken the initiative of having everything here on the Wayback machine. Everything prior to this post has been stored for posterity…. Read More ›
Ernst Jünger’s Der Arbeiter (Pt. V of VII)
When one thinks of “Prussia,” does one conjure images of Prussian militarism? Where one thinks of “Bolshevism” (or if one wishes, “Leninism”) does one conjure images of the Soviet Union? Or, as Ernst Jünger dared to claim, are Prussianism and… Read More ›
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