The “Lost Decade” refers to an economic and financial crisis that affected Japan in the 1980s-1990s, the effects of which continues to linger as of late. The Japanese were devastated by the bursting of the asset-price bubble that came as… Read More ›
Psychology
SMP Compendium: Exchange Rates and the Impossible Trinity
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 ›
Update (29 July 2023)
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 ›
SMP Compendium: Incentives
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 ›
SMP Compendium: Supply and Demand
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 ›
SMP Compendium: Kapital
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 ›
SMP Compendium: Intent
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 ›
SMP Compendium: Synchronicity
To begin, there is an old humorous joke about the former Soviet Union and the Eastern Bloc countries. Variations of this joke exist on the World Wide Web (WWW). Even so, the general logic remains constant in any version that… Read More ›
SMP Compendium: State, Totality, and Self
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 ›
SMP Compendium: Financial Regime
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 ›
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