I am almost done with Section Four of The Work-Standard (3rd Ed.). I had to go back and rewrite the first few Entries of that Section because I felt that the information in “Democracy and the Council State” was too… Read More ›
Philosophy
SMP Compendium: How Arbeit is Converted into Geld
The Life-Energization Reciprocity (LER) Process was at play in the preceding Entry and is also at play here as well. It provides the basis for the conversions of Arbeit and Geld. Recall earlier that the LER Process is derived from… Read More ›
SMP Compendium: How the Economy Creates Arbeit
All VCS Economies under the Work-Standard is split into five “Economic Sectors” comprised of different “Industries” with various “Enterprises” and “Professions.” These five Economic Sectors are called the “Natural Sector,” the “Manufacturing Sector,” the “Services Sector,” “Information Sector” and “Administrative… Read More ›
Update (13 July 2023)
I just finished about half of the alterations to the Third Edition of The Work-Standard. Five more Sections have yet to be revised and edited to reflect the required changes. So far, I am moving at full speed on those… Read More ›
Economic Governance Types and Economic Planning Models
There are only four types of Economic Governance under the Work-Standard, two of which belong to Neoliberalism: “Market Economy,” “Mixed Economy,” “Planned Economy,” and “Command Economy.” As established in the preceding Entry, only the Planned Economy and Command Economy are… Read More ›
SMP Compendium: Types of Economic Organizations
The Work-Standard is designed to accommodate a variety of Scientific and Artistic Socialisms, Corporatism, Syndicalism, and State Capitalism. Practically any national economy that is not operating under Neoliberalism is capable of adopting the Work-Standard. Non-Neoliberal national economies are categorized by… Read More ›
SMP Compendium: Student Economies and Digital Economies
The late 20th century witnessed the conceptualizations of two additional institutional actors beyond that of the National Economy. These two are known as the “Student Economy” and the “Digital Economy.” The establishment of a national educational system gave rise to… Read More ›
SMP Compendium: World State Organization
The first nation that adopts the Work-Standard will be endowed with a number of advantages. In a currency system relying on the interplay between Arbeit and Geld, this nation will achieve newfound economic and financial flourishing that eventually causes its… Read More ›
Update (12 July 2023)
I spent yesterday designing Section One for the Third Edition of The Work-Standard. It has been completed as of this writing. Two new Entries have been added to that Section to compensate for the fact that the original two-part “World… Read More ›
SMP Compendium: At the Gates of Tomorrow’s Yesterday
Socialist Economy requires Socialist Finance; “never pour new wine into old wine bottles.” The lessons of the previous century, including the gradual market reforms and downfalls of Socialist regimes, have demonstrated the justification for a proper form of Socialist Monetary… Read More ›
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