[url=http://en.wikipedia.org/wiki/Technocracy]Definition.[/url]
I think I would. Obviously you have the mostly negative example of China, but I don't think most of those issues actually derive from Technocracy. And honestly, we already have/are fast approaching many of China's issues with our current system.
I just have this odd feeling that it would be better than letting cowboys and banksters run everything.
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I don't know enough about the technocrats, to be honest. However, from my understanding, technocracy for China has resulted in massive economic modernization.