Refounding Corporate Governance: The Metaphysics of Corporate Leadership

Author(s): Bruce Cutting and Alexander Kouzmin

DOI: 10.2174/978160805247911101010052

Evolution of Governance

Pp: 52-62 (11)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

An analysis of Michels' (1962) Iron Law of Oligarchy is used to explore the shortcomings of democratic governance, the inherent tendency towards oligarchy and the individuals' desire to dominate others. Democratic governance is discussed in terms of the triadic notions of the act of governing, the rule of the people and the processes that have been sanctioned to effect the conscious intent of society. The explanations of the evolution of authority by Michels (1962) and Weber (1947) are compared within the triadic formwork and the making of an oligarch is discussed in exploring the evolution of governance.

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