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What does Technocracy propose to substitute for the Price System?

April 26, 2017price propose system Technocracy

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What does Technocracy propose to substitute for the Price System?

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Technocracy proposes: first, a carefully planned production adjusted so as to maintain as high a physical standard of living for the people of North America as is compatible with the limitations of non-replaceable natural resources; secondly, a carefully planned distribution, based upon the total amount of energy consumed by a high efficiency production system. This two fold plan would give to each individual an equal and substantial income.