The Liberal Capitalist industrialization of whole nations in the 19th and 20th centuries always coincided with the mass migrations of people away from the countryside. Whole communities were uprooted, left to die in a sort of Socialist Darwinist theory of… Read More ›
Fractional-Reserve Banking
Compendium: Reciprocal-Reserve Banking
Conventional banking practices are going to be revolutionized in response to the Work-Standard. The methodology will be different than how they were in Liberal Capitalism and most historical and existing Socialisms. No other Socialism has been able to realize this… Read More ›
A Work-Standard Critique of the “Fractional-Reserve vs. Full-Reserve Banking Dialectic”
Various proposals were offered in the 1930s to counteract the negative effects of the Great Depression. From monetary reforms and nationalization of privatized firms to the popularization of Keynesianism and Soviet-Type Economic Planning, the decade was a period of economic… Read More ›
The Fourth Estate 