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The movement grew rapidly and once had 250,000 members and employed up to one hundred people at Columbia assembling statistical data.<ref>http://gsa.confex.com/gsa/2003AM/finalprogram/abstract_61689.htm</ref>
==Excerpt from the Technocracy Study Course==
... 'The physical expansion of industry was, in a period from the Civil War to the World War, a straight compound interest rate of growth at about 7 per cent per annum. During that period, the debt structure was also extending at a similar rate of increment. Since the World War . . . the rate of physical expansion has been declining, and physical production has been progressively leveling off. Thus, for the period prior to the World War there was a close correspondence between the rate of growth of the debt structure, and of the physical industrial structure. Since the World War, while the physical structure has been leveling off in its growth, the debt structure, not being subject to the laws of physics and chemistry, has continued to expand until now the total long- and short-term debts are only slightly less than the entire wealth, or monetary value of all the physical equipment. As time progresses this discrepancy between the rate of growth of the physical equipment and that of debt must become greater, instead of less. The implications of this will be interesting to consider'... end.<ref>http://www.michael-hudson.com/articles/debt/CompoundInterest2.html</ref>
==See also==
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