#TechnocracySeries –Episode 6
ᴬⁿᵃˡʸᶻᵉ ʰⁱˢᵗᵒʳʸ ᵗᵒ ᵘⁿᵈᵉʳˢᵗᵃⁿᵈ ᵗʰᵉ ᵖʳᵉˢᵉⁿᵗ ᵃⁿᵈ ᵃⁿᵗⁱᶜⁱᵖᵃᵗᵉ ᵗʰᵉ ᶠᵘᵗᵘʳᵉ
FROM CAPITAL TO CALCULATION: THE REPLACEMENT OF THE FINANCIAL ELITE BY THE TECHNOLOGICAL OLIGARCHY
This excerpt I am about to show you was published in July 1989 in a magazine by Technocracy Inc. entitled “The Words And Wisdom Of Howard Scott” (Volume I).
It contains speeches by the creator of the technocratic movement, in the context of the height of the Great Depression of the 1930s, when capitalism seemed to have collapsed and unemployment was rampant.
This movement (Technocracy) sought to replace politicians and economists with engineers and scientists.
In his speech, he used medical and psychiatric language (“pathology,” “early dementia”) to delegitimize the humanities and politics, presenting them as viruses that prevent the social “machine” from functioning.
It was an attempt to apply the industrial efficiency of factories to the management of an entire continent, eliminating scarcity through technical planning.
He declared that politics is “unprecedented” in the technological age, invalidating democratic debate and the negotiation of interests: if everything is an engineering problem, there is only one “correct” solution calculated by experts.
The incentive was to shift power from the financial elites (owners of debt) to a new technical caste (owners of energy calculations).
The system sought to eliminate market uncertainty.
By measuring income in ergs (energy) rather than currency, the technocratic state gains absolute control over production and consumption, transforming citizens into units of energy expenditure within a closed and predictable system.
Do you see any similarities with what governments are seeking today?
The public debt is enormous, and AI promises "abundant intelligence" to solve this from a technical standpoint.
Add to this the efficiency of the crypto industry.




