Governance

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Concept.png Governance Rdf-entity.pngRdf-icon.png
Schwab governance.jpg
A buzzword much pushed by ruling circles, as it conflates effective government (for them) with democracy

Governance is the way an organization or state is managed, directed and held accountable for achieving its goals. Governance arrangements include the structures, systems and process that control how it operates.

Good governance is an indeterminate term much used by think-tanks and international fora to describe how public institutions ought to conduct public affairs and manage public resources. The term is preferred since it lets non-democratic influences (like billionaire money) dominate the governing process.

Technocracy

A technocracy is a model of governance wherein decision-makers are chosen for office based on their technical expertise and background. A technocracy differs from a traditionaldemocracy in that individuals selected to a leadership role are chosen through a process that emphasizes their relevant skills and proven performance, as opposed to whether or not they fit the majority interests of a popular vote.

Decisions made by technocrats are supposed to be based on information derived from data and objective methodology, rather than opinion or self-interest. The opposite is normally the case - as intended - because technocrats must always be appointed by some higher authority, the political structure and incentives that influence that higher authority will always also play some role in the selection of technocrats.[1]


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