What is Technocracy? Technocracy is a movement started in the 1930′s by engineers, scientists and technicians that proposed the replacement of capitalism with an energy-based economy. Originally envisioned for North America only, it is now being applied on a global basis. Authors Aldous Huxley and George Orwell believed that Technocracy would result in a Scientific Dictatorship, as reflected in their books, “Brave New World” and “1984“.