Every Currency has an Exchange Rate that determines its Value when compared against the Value of another Currency. This is best demonstrated by the Price of conversions between one Currency to another. If one wishes to know how much their Geld… Read More ›
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 for… Read More ›
Alright, the second to last round of Entries from the Third Edition of The Work-Standard are going to be posted later today. I still need to do a last minute check for all of the Entries for Section Six before… Read More ›
Every conception of Currency relies on a “Command and Control” (C2) Mechanism. A C2 Mechanism is how we can issue orders to others that they need to carry out, providing resources and information to them as part of fulfilling those… Read More ›
Where there is any conception of Currency, there is a Command and Control (C2) Mechanism facilitating it. And where there is any C2 Mechanism, there is a Unity of Commands with a corresponding Unity of Efforts. Liberal Capitalism’s conception of… Read More ›
The term “Kapital” is used to denote all forms of Currency that originate from the economic and financial activities of Liberal Capitalism. The distinct properties and characteristics that go into the creation of Kapital are tied to the worldview that… Read More ›
Every conception of Currency operates on a Command and Control (C2) Mechanism designed to coordinate a Unity of Command and a Unity of Effort. The Liberal Capitalist conception of Currency is “Kapital” and the “Incentive” as its C2 Mechanism, designed… Read More ›
Throughout the SMP Compendium, there are six recurring terms that are intended to denote the specific sociological categories that exist within any nation adopting the Work-Standard. The Individual or the “Self,” the Class or the “Estate,” followed by the “People,”… Read More ›
The term “Financial Regime” is used throughout the SMP Compendium to refer to the political forces in command of a nation-state’s monetary policies. A lot of confusion about how monetary policies are conducted and realized within conventional economics can be… Read More ›
In the SMP Compendium, Schuld is a German word with two etymological meanings, a legal one and a financial one. The financial meaning is commonly used to refer to “Debt,” which is the amount that an indebted borrower owes to… Read More ›
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