Thorstein Veblen's book "Engineers and the Price System" (1921) presents his perspective on the situation that arose during the industrial boom. The world during this era was rapidly changing, and so were the people who lived in it. Revolutions, crises, and technological advances shaped a new worldview. Veblen's approach was relevant for his time, but in his forecasts, the economist relied solely on industrial prospects, barely considering the information revolution. The book devotes special attention to Soviet Russia and its role in the future of civilized humanity. Overall, Veblen was one of the first to attempt to lay out the concept of building a technocratic state.
The book is intended for students and professors of economics universities, as well as a general readership interested in political economy.