Why does Technocracy use energy as the means of controlling the flow of goods and services?
Energy was chosen instead of money or price because it possesses the characteristics that a satisfactory mechanism of distribution must possess. Money relationships are all based upon ‘value’, which in turn is a function of scarcity. Hence money is not a ‘measure’ of anything… Also, money is negotiable – it can be traded, stolen, given or gambled away. Thirdly, money can be saved. Fourthly, money circulates and is not destroyed or cancelled out on being spent. The energy medium would eliminate these drawbacks and institute a balanced system of production and distribution in an economy of abundance. It would provide a continuous inventory of goods and services while allowing the citizen the widest latitude of choice in consuming his or her individual share of the Continental physical wealth. After all, the purpose of a medium of distribution is to distribute. This…The Price System is woefully inadequate to perform in a highly technological age.
