One of the proposed additions to the Second Edition of The Work-Standard pertains to the inclusion of special Charts that demonstrate the Work-Standard’s Pricing Model. The Intent is to provide conceptual tools to the would-be economic planner concerning the relationship… Read More ›
Socialism
Update (5 October 2021)
The SMP Compendium entry “World State Organization” is one-third complete. Yesterday, I submitted the historical background behind Globalization as everyday people have understood it since the 1970s. It is appropriate for me to begin the Compendium entry with Richard Nixon… Read More ›
Update (14 September 2021)
I have decided to make slight adjustments to the Blog. The Fourth Estate’s homepage as well as the opening notations in the SMP Compendium should be edited, the text turned into a subpage under the “Fourth Estate?” webpage. Another decision… Read More ›
Compendium: Incentive
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 ›
Update (27 August 2021)
Everything is coming along pretty well for the SMP Compendium. I am also now beginning to entertain countless other possibilities to explore on the Blog. Overall, there are a number of Blog posts whose ideas and concepts are drawn from… Read More ›
Can Liberal Capitalism descend into Totalitarianism?: On Life after the Ideology
There are still going to be people searching for alternatives to Liberal Capitalism, rejecting its different variants and tendencies. Liberal Capitalism has had a long history of those who opposed it for various different motives. Often, history recalls that those… Read More ›
Compendium: The Transvaluation of all Arbeit
In the former Soviet Union, Yuri Andropov once imposed penalties for tardiness to the workspace and having the work-shy arrested for failing to show up to their workspaces. In the United States, young Americans with university degrees have trouble finding… Read More ›
Compendium: Total Mobilization of Production for Dasein
Entries related to Arbeit and Geld, Theory of Value, Theory of Money, VCS Economy and Economic Planning, Accounting and Taxation have all raised implications about the appearance of three key variables. Those are Work-Productivity (WP), Solidarity, and Economic Socialization. The… Read More ›
Update: A (Re)Introduction to the “Economic Calculation Problem” (7 August 2021)
Conceptualizations of the Work-Standard and all of its specifications are going quite beautifully. True freedom and peace of mind only exists from within. No government, no legislative motion, no constitutional or legal code can ever guarantee that. This is where… Read More ›
Compendium: Solidarity as the Work-Standard Alternative to “Liquidity”
The term ‘Liquidity’ in Liberal Capitalism refers to the rate at which anything can be bought or sold at a given frequency without any changes to its Price. It usually applies for most assets and securities and their subsequent conversion… Read More ›
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