Technocracy Study Course
The ''Technocracy Study Course'' is a technocratic critique of the price system, written by M. King Hubbert and first published in 1934. It is the ideological basis for the Technocracy movement, highlighting economic and social consequences of the capitalist price system In economics, a price system is a system through which the valuations of any forms of property (tangible or intangible) are determined. All societies use price systems in the allocation and exchange of resources as a consequence of scarcity. Eve ... and suggests an alternative socioeconomic system based on physical laws and constraints. References {{reflist Capitalism Technocracy movement ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Technocracy Movement
The technocracy movement was a social movement active in the United States and Canada in the 1930s which favored technocracy as a system of government over representative democracy and partisan (politics), partisan politics. Historians associate the movement with engineer Howard Scott (engineer), Howard Scott's Technical Alliance and Technocracy Incorporated prior to the internal political faction, factionalism that dissolved the latter organization during the Second World War. Technocracy was ultimately overshadowed by other proposals for dealing with the crisis of the Great Depression. The technocracy movement proposed replacing partisan politicians and business people with scientists and engineers who had the technical expertise to manage the economy. The movement did not fully aspire to scientocracy. The movement was committed to abstaining from all partisan politics and communist revolution. It gained strength in the 1930s. In 1940, due to opposition to the Second World War, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Price System
In economics, a price system is a system through which the valuations of any forms of property (tangible or intangible) are determined. All societies use price systems in the allocation and exchange of resources as a consequence of scarcity. Even in a barter system with no money, price systems are still utilized in the determination of exchange ratios (relative valuations) between the properties being exchanged. A price system may be either a regulated price system (such as a fixed price system) where prices are administered by an authority, or it may be a free price system (such as a market system) where prices are left to float "freely" as determined by supply and demand without the intervention of an authority. A mixed price system involves a combination of both regulated and free price systems. History Price systems have been around as long as there has been economic exchanges. The price system has transformed into the system of global capitalism that is present in t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of economic growth followed by recessions. Economists, historians, political economists, and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include '' laissez-faire'' or free-market capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social poli ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |