Economics

Thermoeconomics: The use of Exergy in Alternative Socioeconomics

Dr. Andrew Wallace PhD BEng(hons) EurIng

Abstract

As our current socioeconomic system does not have a sustainable nature thus, it will collapse. This paper presents an alternative to today's system that utilises exergy as a common accountancy unit for a sustainable resource base socioeconomic system.  An item's cost, in terms of exergy, reflects the physical cost of the item. The system utilises management techniques such as optimisation, Life Cycle Analysis and Cost Based Analysis to produce items efficiently and minimise their exergy and environmental cost.

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Ownership and Usership


Introduction

Technocracy has as its aim to create a society based on the premise of the "Highest possible quality of life for the greatest amount of people for the longest possible span of time". Of course, a lot of organisations working with society have similar aims, regarding sustainability. Most of them have chosen to work within the framework of the price system. NET is unique in the extent that we are one of the few movements advocating sustainability which has an idea of creating a society which is in balance with nature and not only in "more" balance with the surrounding environments. Our idea is also radical in the aspects that it will eliminate money.

But will it eliminate scarcity?

The motivation of this article is to explore the technocratic definition of abundance, and compare it to the economist's view of scarcity and abundance.

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Energy Credits, Labour Credits and Money

Some people may see Energy Credits as the same as money or Labour Credits.  The author intends that this article should have the purpose of analysing Energy Credits, Labour Credits and money and, thereby, show that they do not equate to each other.

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Technate as a Network

 
Revised With Permission by Dr Tatjana Rakar, 5 Oct 2007
 

Currently there is a large pool of technocratic sources that cover topics from criticism of today's dominant social system (due to its incompatibility with modern productive capacity) to elaborate descriptions of operative plans of a working model functioning under technocracy. In spite of all this available information there is heavy lack of academic material that presents a transition from the current socioeconomic system to a technocratic one. The following article proposes a model that could be used for initialising the transitional phase towards a technate.

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Energy Accounting

The subject of this article is energy accounting and its intentions are to offer a comprehensive description of the economic distribution system in the technate, its differences from the price system and the different aspects of the system. Due to a lack of literature covering the basic parts of technocracy, there was and still is a profound need for articles further investigating energy accounting as well as other aspects of technocratic design.

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