What is Technocracy?
Historically, technocracy has not been well received. In fact, many who accurately comprehended its goals viewed it as a threat to democracy and the debt-based economic order run by the central banking establishment that has dominated the last century. Technocrats railed against this “Price System,” arguing it alone was to blame for the inequalities and inefficiencies of society. There is definitely some truth to their claims.
Under the Price System at its best there is not a single field of endeavor where the best technical standards are allowed to prevail. In other words, poverty, waste, crime, poor public health, bad living conditions, enforced scarcity, and low load-factors, are every one the direct and necessary consequences of the Price System… What we have tried to make clear is that it is the Price System itself, and not the individual human being, which is at fault.”
– Technocracy Study Course, Technocracy Inc. 1933,
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