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 ›
Globalization
Compendium: Potential Feasibility of the Work-Standard as a World Reserve Currency
Most of the entries in the SMP Compendium have dealt with the Work-Standard from within the borders of a single Socialist nation-state. The Socialist nation-state described could be any nation claiming to be Socialistic. How its Socialism was made into… Read More ›
Compendium: On the International Movements of Arbeit, Geld, and Information
In the Socialist nation itself, the Totality controls the twin factors in the means of production, Arbeit and Geld. Everyone is expected to live within their own means of production, regardless if there is any international trade or not. Even… Read More ›
Compendium: Applications of Autarkic and Protectionist Trade Policies
Alexander Hamilton has given Socialism its political philosophy on the conduct of international trade. “Protectionism” and “Import Substitution Industrialization” (ISI) are the means of achieving Autarky. Autarky, it should be prefaced, is not an ideal but a strategic goal in… Read More ›
Update (29 August 2021)
I now have enough information on how the Work-Standard operates in the realm of international trade. What’s more, I also figured out how the Soviet Union during the NEP years and the People’s Republic of China’s market reforms, despite their… Read More ›
The Fourth Estate 