Readers of The Fourth Estate may recall my own readings of Oswald Spengler’s Prussianism and Socialism back in 2021.This pamphlet, which was meant to complement Volume II of The Decline of the West, essentially argued that Socialism did not originate… Read More ›
Working class kids are implicitly taught that their opinions are worthless. And when they do venture them, they tend to be oppositional, and so they learn from their brushes with authority to simply keep quiet. Such formative experiences may generate… Read More ›
Compared to the previous two Entries that focused on Environmentalism and Feminism, Marxist Theory posited its own criticisms of Double-Entry Account Bookkeeping that differed from the other two ideologies. While Environmentalism is divided over Kapital and Feminism has somewhat conformed… Read More ›
The Soviets were already employing their own accounting system to measure economic performance well before the Liberal Capitalists adopted theirs at the United Nations during the 1950s. The Material Product System (MPS) was designed to provide an accounting system catering… Read More ›
On the misanthropic method, Micro Machines on the SEGA Megadrive, and not writing a short story. IF Capital, part 8: NOT writing anything at all
Recently, I took some time to write an article in the latest issue of American Affairs Journal. It was penned by the Irish Post-Keynesian economist Philip Pilkington entitled “Capitalismβs Overlooked Contradiction: Wealth and Demographic Decline.” The article was essentially a… Read More ›
On the spooky relationship between Victorian spirit summoning and the βphantom-like objectivityβ of value. Victorian Seances and Marxβs Law of Value (audio) β πππ₯π π ππ₯π«ππ¦π
The Reciprocal Theory of Value (RTV) and the Work Theory of Money (WTM) are the theoretical foundations from which the Work-Standard was built upon. I devised RTV and WTM because I was left unconvinced and unsatisfied by the various Theories… Read More ›
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