The problem consists, instead, in setting a just limit, constraining the frenzy of a capitalistic economy, the creator of artificial needs, and freeing the individual from his growing dependence on social and productive mechanisms. It would be necessary to establish a balance. Just until recently, the Japanese have provided the example of a balance of this type; it modernized itself and didn’t leave itself behind the West in the scientific and technical domains, while safeguarding its specific traditions. But today the situation is quite different.
There is another fundamental point to emphasize: it is difficult to adopt science and technology, while circumscribing them within the limits of a civilization’s material means and instruments, that is, while preserving, in regards to them, a certain distance; on the contrary, it is practicably inevitable the it becomes impregnated with the world conceptions on which modern profane science bases itself, conceptions that are practically inculcated in our spirits by the methods of the customary methods of instruction and that has, on the spiritual plane, a destructive effect. The very concept of true knowledge is thus totally distorted.
However, we must not discount the importance of an evolving set of technologies. After all, technology is merely the result of the species throwing ideas at the problems of physical survival and seeing what sticks. The key is to ensure that the direction and allocation of resources toward science and engineering are beneficial to all of man's needs, including psychological, spiritual, and familial ones. In modernity, we have a highly-evolved and developed set of crafts (techne), but very little guiding authority or direction (telos). The inverse was true in history. To wit, a balance must be established.
There exists an extraordinary amount of nihilism related to the place of technology in a conservative model. Those conservatives such as Pentti Linkola or Theodore Kaczynski believe the pursuit of technology beyond the subsistence level to be catastrophic to the natural, evolutionarily-filtered ecosystems that (to the best of our knowledge) gave rise to organisms like you and me. Per contra, I believe a wise authority is capable of yielding the technic power of the theoretical and applied sciences and subsequently utilizing them in a framework which supports the natural spiritual inclinations of the common man without resorting to nonsensical individualist liberal doctrines. I have written about this topic before; see here and here.
Herein lies the genius of aristocratic caste organizations. When constructed properly throughout numerous organic iterations, an aristocracy can effectively limit the malignant tendencies of the technics whilst sponsoring their more beneficial attributes (witness the complex architectural engineering and beautiful aesthetics of cathedrals, for instance). I personally believe that the sciences are not inherently problematic when applied within a careful ethical framework; rather, I simply find it necessary to ensure good, strong, and aristocratic men are available to maintain such a framework.
Allow me to demonstrate this notion in a microcosmic example: the archetypal nuclear family. In this family are three characters: Father, Mother, and their 10 year-old son, Timmy. One day, Timmy and his friends decide to shoot off some industrial-grade fireworks in the backyard. Father, drunk and depressed, pays no heed to the impending doom and instead chooses to sit in a sad lump on the couch. Mother is probably off cheating on Father with a man with mutton chops and a motorcycle. Timmy, not knowing any better, lights up a few high-powered bottles rockets that careen out of control, smash into an electrical box and cause a massive explosion that engulf half the subdivision in flames. The fire cascades out of control quickly and reaches the nearby nuclear power plant which subsequently atomizes the entire city.
Much is at stake should the West fail to reign in its obsession with the technical arts. Nevertheless, scientific advancement is not inherently good or bad for the species; instead, uncontrolled scientific advancement is an existential danger, and in my opinion the most pressing existential risk facing this world.
Though free markets are necessary and efficient, unbridled capitalism and industrialism are like a speedboat with no rudder. The rapid institution of a monarchy and supportive aristocracy would do much to bring science under the control of more careful authorities. Since this sort of power structure is unlikely to come into being spontaneously, it falls upon those spiritual and vital natural aristocrats within the current paradigm to do their best to reign in the empirical mindset of their peers and direct the energies of industry and scientific research away from the behemoth of mass society and toward aesthetic, spiritual, and noble goals.