There is already enough entries in the SMP Compendium to warrant the need to reorganize it. So far, every entry that I have completed was arranged in chronological order, rather than in specific categories for simpler navigation. The limitations of… Read More ›
SMP
Compendium: ‘Death-by-Overwork’, the Work-Standard’s Version of Hyperinflation
Various historical events have been cited by historians and economists alike as providing definitive examples of Hyperinflation. Weimar Germany, Mugabe’s Zimbabwe, and Venezuela have been cited as contemporary examples in the past century alone. These examples are well-known cases where… Read More ›
Compendium: Impact of Work-Standard on Trade Policies
Unlike regular national economics, the field of international economics covers a broader political dimension that spans the entire planet. It is normal for nation-states to engage in international trade with others for whatever they need for their own economies. The… Read More ›
Compendium: Role of NSFIs within Work-Standard Economic Planning
National-Socialized Financial Instruments (NSFIs) are devised to not only to allow for a proper Socialist alternative to Financial Markets, but also overcome the well-known shortcomings of conventional types of economic planning. Their goal is to realize the conceptualization of an… Read More ›
Compendium: Hamiltonianism and the Form and Actuality of “Federal Socialism”
In my Readings of Prussianism and Socialism, I have insisted that Oswald Spengler’s arguments therein to be considered relevant in an American context. My justification for this pertains to the idea that Alexander Hamilton and the pro-Hamiltonian faction within the… Read More ›
Compendium: Financial Markets and the Quest for their Work-Standard Alternative (Pt. II of II)
After conducting preliminary evaluations and drafting the organizational structure within the legislative framework of a Socialist nation-state, conclusions have finally been made regarding the viability of the Work-Standard presenting alternatives to Financial Markets. This entry is a continuation of its… Read More ›
Compendium: The Four Functions and Six Attributes of all Currencies
Every Currency, including the Work-Standard, must be able to exhibit four consistent characteristics. Without those key defining characteristics, they are unworthy of being practical in the everyday affairs of any nation-state. These characteristics are: Medium of Exchange: A Currency is… Read More ›
Compendium: CMEA’s Fixed Exchange Rates and its Hard Currency Shops
There are no doubts whatsoever that the demise of the Eastern Bloc countries and the Soviet Union by extension came as a direct result of the death of Bretton Woods. While the Western Bloc and the United States opted for… Read More ›
Financial Markets and the Quest for their Work-Standard Alternative (Pt. I of II)
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 the assets of Securities such… Read More ›
Compendium: Primer on Taxation, Welfare, Insurance, and Vocations
The economic model advocated by the Work-Standard is one characterized as a “Vocational Civil Service Economy.” Economic activities registered as Arbeit (Work) under the Planned or Command Economy of the Socialist nation-state must always come from citizens employed in “Vocations.”… Read More ›
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