Technocracy

Technocracy Rising by Patrick Wood, Intro:

Technocracy is a utopian economic system that discards price-based economics in favor of energy or resource-based economics.

Technocracy is about economic and social control of society and persons according to the scientific method.

Technocracy Rising by Patrick Wood, Chapter 4:

Technocracy proposed a completely different economic system that had never been implemented in the history of the world. It was to be a system run by scientists and engineers who would make decisions based on their application of the scientific method to control both social and economic matters. Price-based economics, with its proven laws of supply and demand, would be replaced with an energy-based system controlled by the distribution and consumption of energy. Consumers would be forced to abandon traditional money in return for energy credits that would be spent to acquire goods and services that are artificially priced based on the energy consumed in bringing those goods and services to the marketplace.