Continuing with the discussion established in Part I, Part II will be focusing on the American Reciprocal-Reserve Banking System, Council State, and National Intranet. Like the American SSE and VCS Economy, the conduct and interactions of those other three institutional… Read More ›
Finance
SMP Compendium: Greater America Amendment
Amending the Constitution can be initiated by the Federal Government, the State Governments, or the American people. It always involves getting the support of the Federal and State Governments. State Governments approve and ratify a proposed Amendment, the Federal Government… Read More ›
Update (28 July 2023)
When I was working on The Work-Standard, I wrote the Section One Entries in order to provide a general rundown on the commonly recurring terminology and concepts that were employed in the rest of the Treatise. With the exception of… Read More ›
SMP Compendium: The Transitional Period
Introduction to Nietzscheanism-Leninism “What is Socialism? If we are Socialists, what are we actually fighting for? This question, long a subject of debate on the [‘Political Left’], is receiving even more attention today because of the momentous changes taking place… Read More ›
SMP Compendium: The Transitional Period
Introduction to Nietzscheanism-Leninism “What is Socialism? If we are Socialists, what are we actually fighting for? This question, long a subject of debate on the [‘Political Left’], is receiving even more attention today because of the momentous changes taking place… Read More ›
SMP Compendium: The Four Functions and Six Attributes of Currencies
Every Currency, including the Work-Standard’s Sociable Currency, must be capable of exhibiting four consistent Functions. Without those key defining characteristics, they are unworthy of being practical in the everyday affairs of any country. These Functions are: Those four Functions affect… Read More ›
SMP Compendium: Theories of Value (Pt. I of II)
Is the Value of a good or service determined by the value-judgments and attitudes of the beholder? Or is the Value not informed by anyone in particular and can be measured objectively? Assuming if the Value can be judged intrinsically,… Read More ›
SMP Compendium: Theories of Value (Pt. II of II)
It was established that the Theory of Value employed by the Work-Standard operates on its own paradigm. Practical applications of the Work-Standard do not rely on either the Labor Theory of Value (LTV), the Subjective and Utility Theories of Value… Read More ›
SMP Compendium: Theories of Money (Pt. I of II)
Competing Theories of Money have proliferated in the Western world when the concept of Currency became grew increasingly important since the Renaissance. If the Theories of Value concerned how something supports the Value of any given Currency, then the Theories… Read More ›
SMP Compendium: Theories of Money (Pt. II of II)
What shall be the Work-Standard’s Theory of Money to complement RTV? The whole premise of RTV rests squarely on the LER Process, particularly the notion of committing Life-Energy into Vocations to create Actual Arbeit and contribute them to the Life-Energy… Read More ›
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