08 NOV 2013 by ideonexus
Science VS Economics
The spirit and method of Science arc the direct antithesis of magic. It is science which has produced the "Machine Shop". It is magic that has produced "Finance". In the machine shop. Science rules only in so far as machine processes go: there its control stops. The social control of the Machine Shop lies with the Towosis of Finance. Thus it is that our Towosis (like those Of Trobriand) control not only the work, the workmen, the work shop — "industrial society" is only the Great ...An interesting perspective. Science is the workhorse, economics is the charlatan exploiting it.
08 NOV 2013 by ideonexus
The Technocracy
The basis of modern industry being scientific knowledge of nature's laws whereby nature's resources are made available for human use and enjoyment through the aid and agency of technical skill, "Reconstruction" becomes essentially a process of selective rejection of present inappropriate economic usages; discarding customs which unduly facilitate the acquisitive instincts, and substituting others which tend to minimize social obstacles to the freer expression of the constructive or industrial...First definition.