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 for… Read More ›
In the Socialist Nation, everyone is expected to live within their own means of production, regardless of whether there is any international trade or not. Even so, there will always be moments where the State will be conducting trade with… Read More ›
Alright, the second to last round of Entries from the Third Edition of The Work-Standard are going to be posted later today. I still need to do a last minute check for all of the Entries for Section Six before… Read More ›
Every conception of Currency relies on a “Command and Control” (C2) Mechanism. A C2 Mechanism is how we can issue orders to others that they need to carry out, providing resources and information to them as part of fulfilling those… Read More ›
Where there is any conception of Currency, there is a Command and Control (C2) Mechanism facilitating it. And where there is any C2 Mechanism, there is a Unity of Commands with a corresponding Unity of Efforts. Liberal Capitalism’s conception of… Read More ›
The term “Kapital” is used to denote all forms of Currency that originate from the economic and financial activities of Liberal Capitalism. The distinct properties and characteristics that go into the creation of Kapital are tied to the worldview that… Read More ›
Every conception of Currency operates on a Command and Control (C2) Mechanism designed to coordinate a Unity of Command and a Unity of Effort. The Liberal Capitalist conception of Currency is “Kapital” and the “Incentive” as its C2 Mechanism, designed… Read More ›
The term “Financial Regime” is used throughout the SMP Compendium to refer to the political forces in command of a nation-state’s monetary policies. A lot of confusion about how monetary policies are conducted and realized within conventional economics can be… Read More ›
In the SMP Compendium, Schuld is a German word with two etymological meanings, a legal one and a financial one. The financial meaning is commonly used to refer to “Debt,” which is the amount that an indebted borrower owes to… Read More ›
The etymology behind the usage of the term Zeit in the SMP Compendium originates from the German word for “Time.” Zeit refers to the tertiary unit of measurement in gauging the economic and financial activities of the nation-state. It is… Read More ›
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