Technocracy, also known as stakeholder capitalism, is a system of governance where technical experts, scientists, and engineers hold decision-making power instead of poiticians, and it focuses on efficiency, optimisation, and centralisation.
Technological progress has merely provided us with more efficient means for going backwards. — Aldous Huxley
It combines communism and capitalism, meaning everything is centrally controlled, but you can still make a lot of money, even though there's mass surveillance and no individual liberty.