The economic model advocated by the Work-Standard is one characterized as a “Vocational Civil Service Economy.” Economic activities registered as Arbeit (Work) under the Planned or Command Economy of the Socialist nation-state must always come from citizens employed in “Vocations.”… Read More ›
Work-Standard
Compendium: Exchange Rates and the Impossible Trinity
Every Currency has an Exchange Rate that determines its Value when compared against the Value of another Currency. This is best demonstrated by the Price of conversions between one Currency to another. If one wishes to know how much their… Read More ›
Compendium: Currency Depreciation/Appreciation (Pt. II of II)
The following is related to the Work-Standard’s conception of Currency Depreciation/Appreciation under Socialist Monetary Policy (SMP). This entry assumes that the reader has in fact understood the conventional Liberal Capitalist version of Currency/Appreciation relative to Inflation/Deflation. Everything here will hereby… Read More ›
Compendium: Currency Depreciation/Appreciation (Pt. I of II)
All Currencies will gain or lose Value over a period of Zeit (Time). Any increase in the Value is called “Appreciation” whereas any decrease in the Value is “Depreciation.” How the Value changes is dependent on the Currency being Liberal… Read More ›
Compendium: Economic Governance Types and Economic Planning Models
This blog post marks the beginning of a series of “entries” as part of the Compendium on Socialist Monetary Policy. The intent, as stated earlier in the Compendium, is the formulation of the Work-Standard. The first series of entries will… Read More ›
The Fourth Estate 