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Article
Grounding a Theory of Firms in the Natural Sciences
This paper grounds the theory of any type of firm in the science of control and communication described as cybernetics. It is also grounded in the physiological and neurological limitations of humans to receiv...
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Chapter
What Defines Capitalism? What Is Wrong with It and How to Fix It?
Many people consider that capitalism is defined by the existence of markets. But markets exist in primitive, feudal, fascist, and socialist societies. Capitalism is better described and identified by the exist...
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Chapter
Achieving Environmentally Sustainable Prosperity
The contribution of this chapter is to explain how to achieve a universally prosperous environmentally sustainable global good society. This objective is incompatible with traditional economic policies depende...
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Article
Could the 2008 US financial crisis have been avoided with network governance?
Banks failed in 2008 because individuals with knowledge of risks were not connected to individuals who had the incentive and power to take corrective action. Evidence of this problem is provided by reports fro...
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Chapter
A Sustainable Future for Corporate Governance Theory and Practice
This chapter shows how the natural “science of control and communications in the animal and the machine” identified by Wiener in 1948 can be applied to social organizations to establish a science of governance...
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Article
Toward a More Humanistic Governance Model: Network Governance Structures
This conceptual article suggests a reexamination of current governance structures, specifically those of unitary boards after the financial crisis of 2008. We suggest that the existing governance structures ar...
