The Great Depression resulted in various proposals to address the failures of the Fractional-Reserve Banking System in the 1930s. From monetary reforms and nationalization of privatized firms to the popularization of Keynesianism and Soviet-Type Economic Planning (STEP), the decade was… Read More ›
Politics
SMP Compendium: Reciprocal-Reserve Banking
Conventional banking practices will be revolutionized by the Reciprocal-Reserve Banking System. Its methodology differs from those found in Liberal Capitalism and most historical and existing Socialisms. No other Socialism has been able to realize this for reasons that pertain to… Read More ›
SMP Compendium: Financial Markets and the Kontore
Financial Markets are one of several defining traits of life under Liberal Capitalism. They are financial institutions designed specifically to facilitate transactions pertaining to the purchase and sale of Kapital. This form of Kapital refers to the assets of Securities… Read More ›
Update (25 July 2023)
The rest of the Entries for Section Five of the Third Edition of The Work-Standard are schedule to go live thirty minutes after this one. I am going to spend the rest of today working on one of the final… Read More ›
SMP Compendium: A Legal Code of Duties and Rights
Everything up until this Entry can be summarized as the following. A new workday begins with people voluntarily arriving to their workspace. Everyone proceeds to interact with their Vocations, pouring their Life-Energy into the Vocation to create Arbeit. Arbeit flows… Read More ›
SMP Compendium: Council Democracy in Action
The mundane application of Council Democracy in the workspace is conducted by personnel of State and Social Enterprises within the VCS Economy. The Work-Standard is capable of facilitating three main types of economic governance styles whose applications are dependent on… Read More ›
SMP Compendium: Types of Media
The flow of information in Council Democracy is fostered by the Totality and the State, channeling it through three different types of Media. The term ‘Mass Media’ in this context refers to the conveying of information through various mediums such… Read More ›
SMP Compendium: On Direct Orders
The following Entry covers the concept of issuances of commands as Direct Orders under Liberal Capitalism and Socialism, including how their opposing economic lives impact the political and social lives of any nation. The topic to be addressed are the… Read More ›
SMP Compendium: A Constitution of Intents and Obligations
The Head of State is the First Servant of the Socialist Nation. In Council Democracy, they are to be elected by means of an Electoral College or any comparable electoral body. Either they serve two consecutive five-year terms or they… Read More ›
SMP Compendium: The State’s Educational Policies and Ranking System
This Entry will be exploring the Council State’s policies on education and the introduction of a “Social Ranking System” to complement the political and social lives of the Socialist Nation. The revolutionization of education under the Work-Standard is predicated on… Read More ›
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