The Jeffersonian conception of Fiscal Federalism is in many respects the result of the shared paradigm between Production for Profit and Production for Utility. It assumes its proper form within the US taxation system as it currently exists. The average… Read More ›
Real Trade
Applying the Work-Standard to International Relations (Pt. II of II)
Everything associated with the Work-Standard is informed by two specific theories. There is a Theory of Value and a Theory of Money guiding the interactions between the Totality’s Arbeit and Geld. Those are the Reciprocal Theory of Value (RTV) and… Read More ›
On Premature Deindustrialization
Today, the lines between Liberal Capitalism and Conservative Socialism are being drawn as the Left-Right Political Spectrum continues its protracted collapse. As the world continues in this third decade of the current century, the birthing pains of another state of… Read More ›
The Third Place: Foreign Enterprises and the Shopping Citadel
Foreign Enterprises are capable of becoming potential tenants at a Shopping Citadel. However, as part of the Council State’s stances on Autarky within international trade, Foreign Enterprises are ineligible to become tenants at the Shopping Arenas. Instead, they will… Read More ›
The Third Place: On Economic Foreignization
The term “Economic Foreignization (EF)” was introduced in The Work-Standard (2nd Ed.) to describe a phenomenon that often occurs as part of Real Trade Agreements (RTAs). When the Council State agrees to the terms of an RTA that it has… Read More ›
The Third Place: Applying MTEP in Shopping Citadels and Arenas
The “Shopping Citadel” and the “Shopping Arena” are designed to serve as Production for Dasein’s antitheses to the Shopping Mall and Shopping Center, the latter of which are manifestations of the first and second Modes of Production. The economic capabilities,… Read More ›
The Third Place: Modes of Transportation (Pt. III of III)
Concluding with the topic about the means of transportation, we will be discussing about two important topics to buttress the ideas introduced in Parts I and II. First, if Part I had more to do with the production process of… Read More ›
Sony is raising the price of the PlayStation5 — SoraNews24 -Japan News-
Almost two years after the system launched, this is not the price revision we were hoping for. For the past few video game console generations, consumers have been able to count on the base system eventually getting a price cut…. Read More ›
Applications of Reciprocal Theory of Value and Work Theory of Money (Pt. II of II)
The Socialist Student Economy (SSE) The Vocational Civil Service (VCS) Planned/Command Economy The Reciprocal-Reserve Banking System The Council State The National Intranet Each of the five are creating wealth from five specific sources: 1. Transactional sales of Equipmentalities, finished goods… Read More ›
Why raising interest rates to reduce inflation may work out very badly — Our Finite World
Are we headed for very high energy prices? Or, are we headed for a financial system that starts falling apart? The whole economic system may change remarkably. For example, what many people thought was money, or a promised pension plan,… Read More ›
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