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Subject: Re: [soa-rm-ra] Definition of Governance
I believe that this is an excellent direction for us to pursue....
Frank
On Sep 10, 2007, at 1:18 PM, Ellinger, Robert wrote:
> Some thoughts that I have been working for a book on a new type of
> economics, entitled Organizational Economics: The Formation of Wealth.
>
> Obviously the US Constitution defines the functional structure of
> governance in the three branches of government, but more
> importantly for our discussion it defines the goal of governance.
> The preamble to the US Constitution has an excellent definition of
> the reason of governance and is the constitution structure reflects
> a good governance architecture.
>
> "We the People of the United States, in Order to form a more
> perfect Union, establish Justice, insure domestic Tranquility,
> provide for the common defense, promote the general Welfare, and
> secure the Blessings of Liberty to ourselves and our Posterity, do
> ordain and establish this Constitution for the United States of
> America."
>
> The blue-lighted/bolded clauses make up a good definition of the
> goals of governance, i.e., what it is supposed to do. Governance
> "establishes justice, (a level playing field and/or rules of
> competitive non-lethal engagement) which ensures a good Saturday
> night for the weak (that is, domestic tranquility because there is
> a level playing field and rules of engagement that are supposed to
> apply to everyone equally, [except for Congress {if con is the
> opposite of pro, what is the opposite of progress?}]); and promote
> the general welfare in two ways (by setting measurement standards
> (see Article 1, Section 8, Clause 3, which states "…to regulate
> Commerce with foreign Nations, and among the several States, and
> with the Indian Tribes." and in other clauses To coin money,
> regulate the value thereof, and of foreign coin, and fix the
> standard of weights and measures; To provide for the punishment of
> counterfeiting the securities and current coin of the United
> States; To promote the progress of science and useful arts, by
> securing for limited times to authors and inventors the exclusive
> right to their respective writings and discoveries) and by ensuring
> a communications infrastructure of that era (To establish post
> offices and post roads).
>
> I suspect that governance in all organizations have the same
> goals. The reason for differences is cultural more than
> functional. These are not individual or organizational goals only,
> but also the implicit goals of all economic ecosystems and the
> reasons for alliances and standards organizations (e.g., its hard
> to trade without standard weights and measures and without an
> impartial market--which explains the reason for markets worrying
> about insider trading).
>
>
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