Friday, 12 May 2017 20:11

The Technosphere and the Technate

Introduction

The Design is proposing the replacement of the current monetary system with one based on Energy Accounting, which derives its basis from Thermodynamics and its goals from the third criteria. Even though the overwhelming majority of people are agreeing with our three criteria, critique and skepticism is inevitably increasing when we are starting to talk about the proposed adjustments provided by the Design.

Of course, skepticism is well-motivated, especially given that our proposal is a novelty which would transform most of the manners in which we are dealing with resources, and redefine concepts such as property, wealth, profit and trade, which have been established parts of human affairs since before historical records started to emerge. Moreover, the Design has not been exposed to the realities of human society and the economy yet, which is why it needs to undergo field tests and simulations first.

Published in Engineering