Over the past two or three days, I had been gathering research on taxation policies and determining whether they can be implemented under the Work-Standard. I still stand by my original stances that conventional taxation policies will be null and… Read More ›
Socialist Finance
A Work-Standard Critique of the “Fractional-Reserve vs. Full-Reserve Banking Dialectic”
Various proposals were offered in the 1930s to counteract the negative effects of the Great Depression. From monetary reforms and nationalization of privatized firms to the popularization of Keynesianism and Soviet-Type Economic Planning, the decade was a period of economic… 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 ›
Update (29 July 2021)
Yesterday, I had been revisiting and reviewing the earlier entries in the SMP Compendium from over the past two months. I needed to read some of them again in order to brainstorm how I was going to formulate equations for… Read More ›
Update (26 July 2021)
Most of the basic fundamentals regarding the specifications of the Work-Standard have already been discussed. There is now enough information regarding how it functions in theory and practice. All that remains at this point is to continue outlining the mathematics… Read More ›
Compendium: World Reserve Currencies
Even though the Bretton Woods System is dead, the US Dollar still continues to be the “World Reserve Currency.” Everyone knows the Value of the US Dollar within Exchange Rates and everyone outside the Western world clamors for it during… Read More ›
Compendium: Why Vocations need Geld to contribute Arbeit
As bizarre as this may seem at first, Vocations do require specific amounts of Geld from the State in order to contribute Arbeit to the Life-Energy Reserve. Geld is not just needed for paying the workforce of the Vocational Civil… Read More ›
Update (21 July 2021)
Everyday perceptions of Technology tend to describe it as being an “instrument” or a “human activity.” While those are understandable and acceptable definitions of Technology, neither properly addresses the true “essence” of Technology. As mentioned in Part VII of the… Read More ›
The Deconstruction of American Conservatism
Prior to the presidency of Donald Trump, why is there always something defining American Conservatism instead of nothing? Why believe that American Conservatism is somehow immune to a Heideggerian “Lichtung” (Clearing) that wipes the slate clean of its preconceived perceptions… Read More ›
Compendium: Devaluation and Revaluation (Pt. II of II)
In the first half of this SMP Compendium entry, it was established that the Currencies pegged to the Work-Standard have the Price of Geld affected by the Value of Arbeit. If the Financial Regime of a Socialist nation-state has its… Read More ›
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