this post was submitted on 09 Feb 2025
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collapse of the old society
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This is not a technocracy: it's not about expertise in a given area that decides leadership, but about plutocratic autocracy. I wouldn't say 'the rich' are naturally the experts.
Yeah if you take the concept at face value it doesn't sound like the worst idea.
It would need a lot of guardrails but it's at least better than monarchy. I'd argue it would obviously devolve into a plutocracy basically immediately but that's better than right from the start I guess.
I agree with you in that technocracy has a lot of potential and definitely sounds appealing, but I think it'd almost have to be socialist - both to atleast somewhat prevent the plutocratic devolution you speak of, as well as halting anti-intellectualism ('you don't need an education') and post-truth (like you see with American social media now).
Then again, not having a free market would also require new guardrails (how do you ensure proper distribution beyond the formal mathematics?), which makes it more complicated.
Always better than a monarchy though.