Technocracy, the politico-economic movement, advocates the optimization of the welfare of human beings, by means of scientific analyses and engineered action. It does not limit itself to established economic, political and administrative forms, but considers those as human artifacts subject to optimization. As a result, the group's reforms seem quite radical to many people.
Technocracy advocates an economic system in which production is run at full capacity at all times, and purchasing power equal to the productive capacity is evenly distributed to all. The organization claims that this will guarantee both well-being and security for all.
A government or social system controlled by technicians, especially scientists and technical experts.
No country has ever been a true Technocracy, this is a hypothetical type of government.
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