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About: Econocracy     Goto   Sponge   NotDistinct   Permalink

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Econocracy defines a society in which improving the economy has become the main purpose of politics and economic policymaking has become a technocratic process. The term econocrat was first coined by Peter Self in 1976 to describe those with the professional training that qualifies them in the eyes of society as an expert on the economy. The term Econocracy was then developed by several different writers in 2016 to talk about how the economy and economists themselves have come to play a central role in modern societies.