"TECHNOCRACY is science in the social field. The Encyclopedia Americana has said: `Whatever the future of Technocracy, one must fairly say that it is the only program of social and economic reconstruction which is in complete intellectual and
technical accord with the age in which we live.' The late H.G. Wells stated: `Essentially Technocracy is a soundly scientific effort to restate economics on a purely physical basis.' The Concise Oxford Dictionary defines Technocracy as an `Organization and management of a country's industrial resources by technical experts for the good of the whole community.' These definitions all say much the same thing but in different words." - from the website
Founded in 1918 as "The Technical Alliance", it was incorporated as "Technocracy" in 1933 as a non-profit, non-political, non-sectarian membership organization. Technocracy is not a political party. While it had its heyday in the 1940's, there are still those who wear the monad (the chromium and vermilion
insignia, signifying "dynamic balance") proudly and recent economic events have sparked a resurgence of interest into Technocracy.