“Neither Violence nor Power of the Purse fashion the Universe / Ethical Action, Spiritual Force may reshape the World’s Course” -Hjalmar Schacht, Confessions of the Old Wizard, ca. 1956 There is a famous American phrase in the English language that… Read More ›
Socialist Student Economy
Compendium: Paygrade Scaling, Accounting and Distribution (Pt. II of III)
To begin, recall the three variations of the TPP equation discussed in the previous entry: TPP = Income + Production + Mobilization TPP = (State Budget + People’s Geld) + (RTEP + RTFP) + (NSFIs + SI) TPP = TPP… Read More ›
Compendium: Paygrade Scaling, Accounting and Distribution (Pt. I of III)
Summarization of Command-Obedience Account Bookkeeping Command-Obedience Account Bookkeeping relies on every aspect of the Total Productive Potential (TPP) equation to determine the amount of Geld that the Central Bank is allowed to print into circulation. Everything points to the values… Read More ›
Update (25 September 2021)
Six entries in the SMP Compendium have been completed this week. There are now only ten Compendium entries which have yet to be completed. The next set of entries that I need to be working on for next week pertains… Read More ›
Update (21 September 2021)
To update everyone reading the SMP Compendium, I am including the preceding diagram to show how much more we have left before we can finally finish the TPP equation. Once everything has been accounted for, we can then determine the… Read More ›
Compendium: Domestic Accounts for Outflowing Arbeit, Inflowing Geld
We now know almost all of the economic and financial activities in the Socialist nation. It is “almost” because we still do not the extent of activities taken by the Socialist Student Economy, which relies on its own equations. There… Read More ›
Compendium: Wartime Preparations and the Work-Standard (Pt. I of III)
Role of Total Mobilization of Production for Dasein “Who says anyone can’t have fun in war?” That would be the motto of the Work-Standard because “war begets economy,” not the other way around. The “Total Mobilization of Production” always has… Read More ›
The Commanding Heights of Powerball Gambits (Pt. V of V)
The Liberal Capitalist industrialization of whole nations in the 19th and 20th centuries always coincided with the mass migrations of people away from the countryside. Whole communities were uprooted, left to die in a sort of Socialist Darwinist theory of… Read More ›
Compendium: Potential Feasibility of the Work-Standard as a World Reserve Currency
Most of the entries in the SMP Compendium have dealt with the Work-Standard from within the borders of a single Socialist nation-state. The Socialist nation-state described could be any nation claiming to be Socialistic. How its Socialism was made into… Read More ›
Compendium: Applications of Autarkic and Protectionist Trade Policies
Alexander Hamilton has given Socialism its political philosophy on the conduct of international trade. “Protectionism” and “Import Substitution Industrialization” (ISI) are the means of achieving Autarky. Autarky, it should be prefaced, is not an ideal but a strategic goal in… Read More ›
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