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Frequently Asked Questions - Economics

FAQs - Economics
  • Economics: Almost all decisions made today are based on short-sighted economic interest. Today, the value of goods and services is measured in money, which rests on the wrong assumption that there aren't enough resources for everyone in order to live an adequate life. This leads to unnecessary poverty, disease, conflict and death. In the Technate, the value of goods and services is measured in the actual energy they require in order to be built or performed. The total energy capacity of the system is assessed and evenly distributed among the population as so-called Energy Credits. They are used to acquire goods and access services. After a specified period, the Energy Credits expire and a new amount according to the current production capacity within the Technate is distributed. This system is called Energy Accounting.
  • Politics: Most states are currently organised through some form of representative democracy. The only political influence exerted by the average citizen is a vote for a political party every few years. Until the next elections the government can hardly be influenced nor be hold accountable for their actions. Furthermore, the choices offered to the citizen are very limited and the politicians seldom act in the interest of the people, but rather work to fulfil their own short-sighted personal desires for money and power. The politics of the Technate would exhibit both a focus on technology and people. Since many problems humanity faces today can be solved by the correct implementation of technology, such issues should be left to experts concerned with the well-being of the society subjected to peer review and public accountability. On the other hand, all social and ethical issues would be handled by the people themselves through direct consensus-driven discussion and vote so they are empowered to shape their own environment. Decisions would be taken in a decentralised manner on the local level according to a holonic structure. This will also encourage a sense of responsibility for oneself as well as the society as a whole. The technical implementation of this system developed by EOS is called Principles and Classes.
  • Technology: Even the greatest technological achievements of mankind are used to serve short-sighted economic interests. Environmental degradation through pollution and unsustainable exploitation is furthered and social pressure through the loss of jobs is increased. In a Technate, all available technology will be used in the interests of mankind in order that the life's of each and everyone will become less of a struggle and more of a quest. The Energy Accounting system mentioned above would result in the minimisation of energy usage. Therefore all work which uses less energy when performed by machines rather than humans will be automated. This would in turn result in less human labour required to maintain a high standard of living for all humans.