To begin, I thought I should confess by stating my field of expertise is not Economics but Political Science, specifically International Relations. My interest in Economics revolves around a recurring problem that I constantly encounter within my own discipline whenever… Read More ›
Socialism
Compendium: Democracy and the Council State (Pt. III of III)
There are a number of potential disadvantages that may arise while conducting any serious implementation of Councilor governance. Council Democracy, despite overcoming much of the shortcomings with Parliamentary Democracy, still has its own set of disadvantages to offset. These disadvantages… Read More ›
Ernst Jünger’s Der Arbeiter (Pt. II of VII)
Previously, it was established that the Arbeiter cannot be categorized according to Liberal Capitalist conceptions of political-economic thought. A Liberal Capitalist will always think in terms of “abstractions” in the sense that they will arrive at conclusions based on personal… Read More ›
Compendium: Kapital and its Subversion of Culture
Kapital is capable of distorting perceptions, value-judgments and decision-making processes. Its effects have been studied by psychologists, sociologists, political scientists, military-industrial and labor relations scholars, anthropologists, and other non-economic and non-financial fields. All of them can be influenced by the… Read More ›
Compendium: How The Economy Creates Arbeit
Economies, given the current state of technology, are capable of having a total of five Economic Sectors. Those are the “Natural,” “Industrial,” “Services,” “Information,” and “Administrative” Sectors. All four are compatible with the Work-Standard and where they differ is their… Read More ›
Compendium: Work-Intensity, Work-Productivity, and Force Multiplication
The rate at which any given profession or economic sector is capable of generating Arbeit is governed by three specific factors. Those are the Work-Intensity (WI), the Work-Productivity (WP) and the Force Multipliers (FM). As with the balance between Arbeit… Read More ›
Compendium: Zeit
The etymology behind the usage of the term Zeit in the SMP Compendium originates from the German word for “Time.” Zeit refers to the tertiary unit of measurement in gauging the economic and financial activities of the nation-state. It is… Read More ›
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 ›
Compendium: Japan’s Lost Decades and the Rise of Zombie Firms and Zombie Banks
The “Lost Decade” refers to an economic and financial crisis that affected Japan, the effects of which continue to linger since the 1990s. The Japanese economy was devastated by the bursting of the asset-price bubble that came as the consequence… Read More ›
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 ›
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