The past two parts of this SMP Compendium should be obvious by now. Taxation under the Work-Standard is going to operate according to a different set of parameters than how they are normally conducted under Liberal Capitalism. The purpose of… Read More ›
Third Place
SMP Compendium: Fractional-Reserve and Full-Reserve Banking
The Great Depression resulted in various proposals to address the failures of the Fractional-Reserve Banking System in the 1930s. From monetary reforms and nationalization of privatized firms to the popularization of Keynesianism and Soviet-Type Economic Planning (STEP), the decade was… Read More ›
SMP Compendium: Reciprocal-Reserve Banking
Conventional banking practices will be revolutionized by the Reciprocal-Reserve Banking System. Its methodology differs from those found in Liberal Capitalism and most historical and existing Socialisms. No other Socialism has been able to realize this for reasons that pertain to… Read More ›
SMP Compendium: Financial Markets and the Kontore
Financial Markets are one of several defining traits of life under Liberal Capitalism. They are financial institutions designed specifically to facilitate transactions pertaining to the purchase and sale of Kapital. This form of Kapital refers to the assets of Securities… Read More ›
SMP Compendium: Mission-Type Economic Planning
National-Socialized Financial Instruments (NSFIs) are designed to not only allow the Kontore to become proper alternatives to Financial Markets, they also overcome the well-known shortcomings of most conventional types of economic planning. Their goal is to realize the conceptualization of… Read More ›
SMP Compendium: Financial Instruments of the Kontore
The National-Socialized Financial Instruments (NSFIs) of the Kontore function differently from the Liberal Capitalist Financial Instruments (LCFIs) that are found at the Financial Markets. They operate according to the interplay between Arbeit and Geld and the Intents of Command and… Read More ›
SMP Compendium: Wartime Preparations and the Work-Standard (Pt. I of III)
The State of Total Mobilization has made it possible for nations to sustain large-scale war efforts in ways that would have been unthinkable prior to the Industrial Revolution. Here, Production for Profit exists in unison with Production for Utility to… Read More ›
Update (25 July 2023)
The rest of the Entries for Section Five of the Third Edition of The Work-Standard are schedule to go live thirty minutes after this one. I am going to spend the rest of today working on one of the final… Read More ›
SMP Compendium: A Legal Code of Duties and Rights
Everything up until this Entry can be summarized as the following. A new workday begins with people voluntarily arriving to their workspace. Everyone proceeds to interact with their Vocations, pouring their Life-Energy into the Vocation to create Arbeit. Arbeit flows… Read More ›
SMP Compendium: A Constitution of Intents and Obligations
The Head of State is the First Servant of the Socialist Nation. In Council Democracy, they are to be elected by means of an Electoral College or any comparable electoral body. Either they serve two consecutive five-year terms or they… Read More ›
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