The Vocational Civil Service (VCS) Economy model does not rely on the conventional taxation policies found in Liberal Capitalism. The State receives the Revenue for its Budget from the same national economy that it predominantly owns and controls. All Geld… Read More ›
SMP
Back from Hiatus
I am writing this post to let my followers and others reading The Fourth Estate that I have returned from my hiatus. For those who are unaware, I took a break from posting anything on the Blog last Tuesday, which… Read More ›
Webpage Update
The new webpage has been completed. As one will notice, it serves as an introductory page on the Work-Standard in order to introduce others to the concept. I left the conceptualize brief, as its purpose is to serve as an… Read More ›
The Fourth Estate on the Wayback Machine and Work-Standard Webpage Update
Anyone concerned about links to various webpages or posts on The Fourth Estate will rest assured that I have taken the initiative of having everything here on the Wayback machine. Everything prior to this post has been stored for posterity…. Read More ›
Ernst Jünger’s Der Arbeiter (Pt. V of VII)
When one thinks of “Prussia,” does one conjure images of Prussian militarism? Where one thinks of “Bolshevism” (or if one wishes, “Leninism”) does one conjure images of the Soviet Union? Or, as Ernst Jünger dared to claim, are Prussianism and… Read More ›
Ernst Jünger’s Der Arbeiter (Pt. IV of VII)
Technology continues to be the defining characteristic of the Arbeiter. It is what enables the Arbeiter to revolutionize the world. The other key trait is the arts, particularly how certain artforms are created and what can be considered an artform… Read More ›
“Socialism with Chinese Characteristics” and the Socialist Market Economy (SME) of the PRC: A Hamiltonian Federalist Analysis
Is the PRC a Socialist nation-state? Certainly, the CPC in Beijing is adamant about the PRC being Socialistic, to which this author is inclined to agree (even if my interpretations are more nuanced). The consensus outside the PRC, however, is… Read More ›
Compendium: Theories of Money (Pt. II of II)
If MMT was derived from aspects of the State and Credit Theories of Money, where would be the Work-Standard’s Theory of Money? Going back to the second half of the SMP Compendium entry for “Theory of Value,” it was stated… Read More ›
Compendium: Theories of Money (Pt. I of II)
Competing Theories of Money have proliferated in the Western world when the concept of Currency became grew increasingly important since the Renaissance. In addition to the Theories of Value that argued for different ways to determine how much something should… Read More ›
Compendium: Total Economic Potential Formula (Pt. II of II)
In the previous part of this entry, the equations on how to calculate the TEP of the nation-state and by extension its RTEP were discussed. Those equations did not include the possibility of the nation-state engaging in international trade. Although… Read More ›
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