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Monday, March 19, 2012
0088.
"In 1932, Howard Scott and Marion King Hubbert founded Technocracy Incorporated, and proposed that
money
be replaced by
energy certificates
denominated in units such as ergs or joules, equivalent in amount to an appropriate national energy budget, which could be divided equally among all members of a North American continental Technate. The group argued that apolitical, rational engineers should be vested with authority to
guide an economy
into a
thermodynamically balanced load
of production and consumption, thereby doing away with unemployment and debt.
"
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Tony Piff
Portland, Oregon
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