In the previous entry, we explored the various possibilities where such technologies can be employed on a tactical level. Here, we will be exploring those same technologies at an operational level. The Art of Socialist Finance will no doubt require… Read More ›
State Commissariats
Compendium: Command and Obedience
The secret to the realization of the Work-Standard and its promise of a Socialist world order is simple. One must recognize the need to go “beyond good and evil,” beyond Kapital and Schuld (Debt/Guilt) and the Incentives of Supply and… Read More ›
Compendium: Total Financial Potential Formula (Pt. II of II)
In Part II of “Total Economic Potential Formula,” I stated it would be permissible for the calculations of TEP and RTEP to also factor in the extent of international trade. Here, we will be conducting the same operational procedure but… Read More ›
Compendium: Proposed Types of NSFIs
Several SMP Compendium entries have been written to elaborate on the Work-Standard’s specifications, capabilities and interactions with everyday political, economic and social life. Others describe the details of the interfaces between fiscal and monetary policies when the Currency has been… Read More ›
On the Work-Standard’s Order of Equations
It has been almost three months since I had begun my efforts on the SMP Compendium. Two months have also passed since I began outlining the mathematical equations on how the Work-Standard operates. That was in May and June respectively… Read More ›
Compendium: The State and the Socialist Concept of Property
The concept of Property can and will exist under Socialism. The Work-Standard reinforces this fact because it recognizes that the Liberal Capitalist conception of Property is ill-suited for the Total Mobilization of Production for Dasein. What John Locke called “Private… 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 ›
Compendium: How the State implements and enforces the Paygrade Scale
The Paygrade Scale of the Vocational Civil Service Economy is influenced by overall economic conditions. A Paygrade is affected by the Attrition Rate and the Total Economic Potential as the two primary metrics. Both will affect how much Geld each… 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 ›