Refounding Corporate Governance: The Metaphysics of Corporate Leadership

Evolution of Governance

Author(s): Bruce Cutting and Alexander Kouzmin

Pp: 52-62 (11)

DOI: 10.2174/978160805247911101010052

* (Excluding Mailing and Handling)


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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