Wednesday, August 19, 2026

How Might a Technocracy Govern Italy's Steady-State Economy?



Italy has had a number of Technocratic Governments and the Italian Constitution allows for "...a cabinet (Council of Ministers) made up of experts not officially affiliated to any political party or political coalition (Wikipedia)." One criticism of Technocratic Governments is that they are anti-Democratic. Allowing all decisions to be made by Technocrats is extreme and unnecessary. But, how to decide which decisions might be given over to Technocrats? This blog posting investigates the question.

Italy is already on the way be being a Steady-State Society (see the graphic above, especially the IT1 state-space component). The path of least resistance would be for a technocratic government to facilitate the steady state and focus on the important historical controllers (IT2 and IT3).
There are a wide range of experts to choose from in areas that will help Italy reach a Steady-State Economy. Notice particularly that the Historical Controllers (IT2 and IT3) allow for balanced Globalization, Population growth and Energy use. Radical solutions are not needed at this point in Italian Development  and all aspects of Political Development need not be given over to Technocrats.

 

Notes

Wikipedia Links


ITL20 Measurement Model


The IT_L20 Model State Space has three components that explain 97.3% of the variation in the indicators which are taken from the World Development Indicators. The first component, IT1 = (Overall Growth). The second component, IT2, is an historical controller balancing the KOF Index of Globalization and Human Development Index against Unemployment and the Ecological Footprint, (KOF+HDI-LU-EF). The third component, IT3, is another historical controller balancing Unemployment against Population, CO2 emissions and Energy use.