[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'm not too sure, but it does seem that science and technology are ruined by politicians who try to bend or reject them to fit their agendas or don't know anything about them at all.