TECHNOCRACYfrom Fancyclopedia 2
A plan for running North America as an engineering project. It had origin
in Thorstein Veblen's distinction between the engineers who actually made the
machinery run and the "Captains of Industry" who played with stocks and
bonds. After the World War, says Speer (meaning the last World War but one),
a group of scientists are said to have surveyed the continent's resources and
concluded that every adult in the country could have goods equivalent to
$20,000 a year for life by working 4 hours a day, 165 days a year, for 20
years. In addition, food and many basic services would be free.
New inventions, despite repressive tactics, are making people more and
more productive, and the present Price System, it was declared, was fated to
collapse about 1942; when this happened engineers and Technocrats
(Technocracy, Inc, had elaborately-numbered study groups all over the place,
especially strong in Canada and California) would take over and set up the
Technate, according to blueprints which were drawn up in some detail. It was
to be governed by a self-perpetuating oligarchy of scientists (much better
than messy politics and incompetent voters). Income would be the same for
all, social approval or disapproval supplying the stimulus that money gives
now. Energy certificates (from which the stfnal "credit" apparently got its
inspiration) were to be exchanged for goods by a beautifully worked-out
bookkeeping system.
Technocracy was prominent among the plans offered to get us out of the
Great Depression in '29, and was publicized by Gernsback's managing editor
David Lasser. Under the New Deal it was little heard of, but about 1939 made
a comeback under Howard Scott. It was taken up by Yerke and Hodgkins of the
LASFS, interested Ackerman briefly, but made few converts
till the outbreak of war when several
Futurians, saying that that event had made internationalism useless for
the time being, turned to Technocracy. (They were not welcomed by the
Angelenoes.) It is said that Technocracy study groups still exist, but it's
been little heard of in fandom for years now.
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