Shann Turnbull - Profile on Academia.edu (original) (raw)
Papers by Shann Turnbull
Adopting the architecture of life to design virtuous organisations for ethical managers
Social Science Research Network, 2021
The Role of Law in Transitioning to a Sustainable Economy
Social Science Research Network, 2016
Facilitating legislation is required for citizens to initiate local referendums to adopt urban pr... more Facilitating legislation is required for citizens to initiate local referendums to adopt urban property rights that provide sustainable affordable housing and infrastructure. New laws and regulations are required so official currencies do not: (a) create inefficiencies and climate change from mispricing resources, or (b) earn interest to exacerbate resource misallocation and inequality. Corporate constitutions require changes to minimize overpayments to investors creating inefficiencies and inequality not reported by accountants and so not discussed by economists or politicians. The problems created by non-ecological property rights have been exacerbated by democracy being degraded from the power and influence of a small minority who own the majority of private assets and influence the use of public assets. Achieving a sustainable steady state economy requires scholars and activists educating citizens how it can become more equitable, efficient resilient in providing well being while consuming less. Democratizing property creates a third way to distribute national income other than through work or welfare to reduce the size and cost of government. Ecological ownership could provide a universal basic income to remove the need for compulsory private funding of pensions and allow policies of full employment to be replaced with policies of fulfillment in work and/or leisure.
Social Science Research Network, 2016
The research goal is to investigate how supplementary digital terminating currencies can provide ... more The research goal is to investigate how supplementary digital terminating currencies can provide a superior fallback position to Bitcoin in a financial crisis and/or provide a basis for rehabilitating distressed economies. Greece lost the opportunity to regain monetary sovereignty because its finance Minister believed that at least a year would be required to introduce new notes and coins. Digital self-liquidating Euros could be distributed immediately to voters by using swipe cards used by some governments for transit facilities. Bitcoins do not provide a viable medium of exchange because of the cost of their purchase, creation and/or exchange. Self-liquidating paper based "Stamp Scrip" privately issued in Europe and the US in the Great Depression minimizes the complications and cost of money creation and/or exchange. Self-liquidating money was called "Speed" money because it circulated faster. Its private issue again in Germany since 2003 demonstrated its acceptance and attraction for Governments to introduce digital Speed money.
Audit Committees: Is there a Role for Corporate Senates and/or Stakeholder Councils?
ABSTRACT
How Human and Organizational Relationships Can Be Explained by Natural Science
Routledge eBooks, Dec 1, 2021
A Framework for Designing Sustainable Urban Communities
Social Science Research Network, 2006
The objectives of the paper are to show how the sustainability of urban settlements can be improv... more The objectives of the paper are to show how the sustainability of urban settlements can be improved by treating as a variable the design of: (a) property rights to realty, corporations and currencies and: (b) their communication and control governance architecture. System science provides the basis for showing that the governance of complexity is improved by increasing the richness and variety of communication and control channels. The new variables introduced also provide a way to integrate the design of the built environment into the design of its governance architecture. The scope of orthodox economic analysis is extended to include the value of assets and liabilities to provide additional feedback signals. This more holistic economic framework increases the richness of the "semiotic" channel of social communication and control that complements those based on senses, words and prices. The analysis reveals self-reinforcing feed forward and feedback channels between the use and maintenance of the built environment and its governance architecture not available in less holistic design frameworks. This identifies the need for urban planners to extend their discipline to become governance architects and how the knowledge of system scientists can be applied to improve the design of capitalism. The analysis indicates how a design paradigm that does not accept the nature of property rights as a given, but a design variable, can enhance the ability towns or suburbs to become self-financing, self-governing political units. It also shows how capitalism can be made more efficient, equitable, responsive and democratic.
Sustainable Value Money: Why it is Needed, How to Get it?
WORLD SCIENTIFIC eBooks, Jun 1, 2019
The theory and practice of government de-regulation
International finance review, Nov 26, 2008
This chapter describes how governments and regulators could introduce selective de-regulation bas... more This chapter describes how governments and regulators could introduce selective de-regulation based on exempting corporations from existing practices when they amend their constitutions to provide superior outcomes for investors and other stakeholders. An example is ...
Creating Virtuous Humanistic Managers and Organisations with Polycentric Corporate Charters
Proceedings - Academy of Management, Aug 1, 2023
Can Digital Technology Make Self-Listed Firms More Efficient?
Social Science Research Network, 2022
How Cybernetics Explains Behavioural Tensegrity and its Advantages for Organisations
Social Science Research Network, 2021
The article explains the crucial role of the dual paradoxical contrary ~ complementary properties... more The article explains the crucial role of the dual paradoxical contrary ~ complementary properties of tensegrity. It is a neglected phenomenon in understanding how living things and their social organisations become self-regulating, self-managing and self-governing. Tensegrity is identified as a defining feature of the architecture of nature that drives evolution. Corporations that include tensegrity into the polycentric self-governing processes identified by Ostrom create an ecological form of governance for citizens to self-govern sustainability of their host bioregions for the global common good. This requires system scientists working with social scientists in educating students to become governance architects to custom design ecological corporations. Research opportunities are identified in testing six hypotheses that include fundamental aspects of the universe.
Conflict of interest: directors must act independently
Company Director, Oct 1, 1999
Might Supplementary Domesticated Currencies Reduce Financial System Risks
27th Annual Meeting, Jul 2, 2015
Athens journal of social sciences, Jun 30, 2016
The research goal is to investigate how supplementary digital terminating currencies can provide ... more The research goal is to investigate how supplementary digital terminating currencies can provide a superior fallback position to Bitcoin in a financial crisis and/or provide a basis for rehabilitating distressed economies. Greece lost the opportunity to regain monetary sovereignty because its finance Minister believed that at least a year would be required to introduce new notes and coins. Digital self-liquidating Euros could be distributed immediately to voters by using swipe cards used by some governments for transit facilities. Bitcoins do not provide a viable medium of exchange because of the cost of their purchase, creation and/or exchange. Self-liquidating paper based "Stamp Scrip" privately issued in Europe and the US in the Great Depression minimizes the complications and cost of money creation and/or exchange. Self-liquidating money was called "Speed" money because it circulated faster. Its private issue again in Germany since 2003 demonstrated its acceptance and attraction for Governments to introduce digital Speed money.
Stimulating Business and Economies with Usage Fee Money: Enabling Euro Zone Nations Like Greece to Regain Monetary Sovereignty
Social Science Research Network, 2015
The paper identifies how a usage fee parallel digital currency is more attractive than Bitcoins, ... more The paper identifies how a usage fee parallel digital currency is more attractive than Bitcoins, either to provide liquidity in a crisis or for stimulating businesses on a sustainable basis. User fee "Stamp Scrip" successfully stimulated businesses and distressed communities during the Great Depression in Europe and the US. Unlike Bitcoins, user fee money can be gifted and redeemed at a profit by the issuer from the fees collected. Bitcoins have to be purchased at market value or mined with substantial transaction costs from computer usage and the energy they consume. Governments could issue parallel profit making money as proposed by the 1933 Bankhead-Pettengill Bill introduced into the US Congress to issue one trillion dollars of self-liquidating Stamp Scrip. This type of Quantitative Easing allows governments to directly fund the digital purses of welfare recipients, businesses, and infrastructure construction to maintain and create jobs while reducing expenditures and debt without increasing taxes. Usage fee money has been tethered to Euros in Germany and exists in competition with them. However, Euros like all other fiat money and bitcoins are not fit for purpose as a medium of exchange to sustain humanity on the planet. A hypothetical terminating but sustainable value tethered and tagged currency is described with its institutional arrangements as a reference standard for governments to: (a) regulate new types of digital money that are arising and (b) obtain support from international financial institutions to introduce as a parallel currency to sustain their economies and the global financial system.
When Land Owns People
Social Science Research Network, Nov 22, 2007
Human systems management, May 27, 2015
The research question is how to achieve a prosperous environmentally sustainable global society. ... more The research question is how to achieve a prosperous environmentally sustainable global society. The objective is incompatible with economic policies of full employment or of uninhibited use of non-renewable resources. Politically attractive incentives of smaller taxes are identified as a way of changing the way capitalistic economies operates by introducing ecological forms of owning and controlling realty, firms and money. Ecological capitalism facilitates increases in prosperity even with degrowth from a declining and aging population. Crucially, it introduces localisation in citizen ownership and control of the means of production and exchange to provide a basic minimum dividend income for all citizens. A basic income allows full employment policies to be replaced with policies of fulfillment in employment and/or leisure. The cost of welfare and the size of government reduced from the tax reductions creates the political incentive for change. Localisation also enriches democracy with the power for citizens to nurture their host environment. Increased life expectancy with depopulation is already occurring in over twenty countries and this is expected to spread globally in the current century. This phenomenon with current environmental degradation creates an imperative for introducing ecological capitalism as an answer to the research question sooner rather than later.
Flaws and Remedies in Corporatisation and Privatisation1
Human systems management, Sep 1, 1993
This paper analyses the inherent operational defects of centrally controlled hierarchies which ar... more This paper analyses the inherent operational defects of centrally controlled hierarchies which are common to both the public and private sectors in Anglo-Saxon corporate architecture and suggests how these defects may be ameliorated. The defects arise from the use of unitary boards which introduce conflicts of interest for directors and reduces both their ability and incentive to improve operational performance. The use of supervisory boards and stakeholder councils to decentralise control, provides a basis for improving the operational performance of directors and their organisation. Also, stakeholder participation provides a way to convert ‘open’ hierarchies into several decentralised ‘closed loop’ information and control systems to improve operating performance. Practical examples are found in Japanese keiretsu firms, the employee/consumer co-operatives found around the town of Mondragón in Spain and in the governance of the Australian Aboriginal and Torres Strait Islander Commission. This paper considers the opportunities for public and private sector organisations using Anglo-Saxon corporate architecture to improve their performance, social accountability and competitiveness by introducing stakeholder governance.
What Defines Capitalism? What Is Wrong with It and How to Fix It?
Palgrave Macmillan eBooks, Jan 9, 2015
Managing Knowledge to Counter Climate Change
Social Science Research Network, 2020
The purpose of this paper is to apply existing knowledge to counter climate change. The contribut... more The purpose of this paper is to apply existing knowledge to counter climate change. The contribution to knowledge is to ground institutional analysis, individual behaviour, political science, economics, management and the management of global sustainability in the practices and science of governance found in nature. This is achieved by using bytes as the unit of analysis to explain how nature governs complexity on a more reliable and comprehensive basis than achieved by humans. Tax incentives could encourage organisations to adopt elements of ecological governance found in nature and in social organisations identified by Ostrom and the author. Ecological governance can provide benefits for all stakeholders as desired by CEO’s of the US Business Round Table. Corporations then become a common good to allow them to promote global common goods like countering climate change, pollution and inequalities in power, wealth and income. Democracy is enriched bottom-up.
Adopting the architecture of life to design virtuous organisations for ethical managers
Social Science Research Network, 2021
The Role of Law in Transitioning to a Sustainable Economy
Social Science Research Network, 2016
Facilitating legislation is required for citizens to initiate local referendums to adopt urban pr... more Facilitating legislation is required for citizens to initiate local referendums to adopt urban property rights that provide sustainable affordable housing and infrastructure. New laws and regulations are required so official currencies do not: (a) create inefficiencies and climate change from mispricing resources, or (b) earn interest to exacerbate resource misallocation and inequality. Corporate constitutions require changes to minimize overpayments to investors creating inefficiencies and inequality not reported by accountants and so not discussed by economists or politicians. The problems created by non-ecological property rights have been exacerbated by democracy being degraded from the power and influence of a small minority who own the majority of private assets and influence the use of public assets. Achieving a sustainable steady state economy requires scholars and activists educating citizens how it can become more equitable, efficient resilient in providing well being while consuming less. Democratizing property creates a third way to distribute national income other than through work or welfare to reduce the size and cost of government. Ecological ownership could provide a universal basic income to remove the need for compulsory private funding of pensions and allow policies of full employment to be replaced with policies of fulfillment in work and/or leisure.
Social Science Research Network, 2016
The research goal is to investigate how supplementary digital terminating currencies can provide ... more The research goal is to investigate how supplementary digital terminating currencies can provide a superior fallback position to Bitcoin in a financial crisis and/or provide a basis for rehabilitating distressed economies. Greece lost the opportunity to regain monetary sovereignty because its finance Minister believed that at least a year would be required to introduce new notes and coins. Digital self-liquidating Euros could be distributed immediately to voters by using swipe cards used by some governments for transit facilities. Bitcoins do not provide a viable medium of exchange because of the cost of their purchase, creation and/or exchange. Self-liquidating paper based "Stamp Scrip" privately issued in Europe and the US in the Great Depression minimizes the complications and cost of money creation and/or exchange. Self-liquidating money was called "Speed" money because it circulated faster. Its private issue again in Germany since 2003 demonstrated its acceptance and attraction for Governments to introduce digital Speed money.
Audit Committees: Is there a Role for Corporate Senates and/or Stakeholder Councils?
ABSTRACT
How Human and Organizational Relationships Can Be Explained by Natural Science
Routledge eBooks, Dec 1, 2021
A Framework for Designing Sustainable Urban Communities
Social Science Research Network, 2006
The objectives of the paper are to show how the sustainability of urban settlements can be improv... more The objectives of the paper are to show how the sustainability of urban settlements can be improved by treating as a variable the design of: (a) property rights to realty, corporations and currencies and: (b) their communication and control governance architecture. System science provides the basis for showing that the governance of complexity is improved by increasing the richness and variety of communication and control channels. The new variables introduced also provide a way to integrate the design of the built environment into the design of its governance architecture. The scope of orthodox economic analysis is extended to include the value of assets and liabilities to provide additional feedback signals. This more holistic economic framework increases the richness of the "semiotic" channel of social communication and control that complements those based on senses, words and prices. The analysis reveals self-reinforcing feed forward and feedback channels between the use and maintenance of the built environment and its governance architecture not available in less holistic design frameworks. This identifies the need for urban planners to extend their discipline to become governance architects and how the knowledge of system scientists can be applied to improve the design of capitalism. The analysis indicates how a design paradigm that does not accept the nature of property rights as a given, but a design variable, can enhance the ability towns or suburbs to become self-financing, self-governing political units. It also shows how capitalism can be made more efficient, equitable, responsive and democratic.
Sustainable Value Money: Why it is Needed, How to Get it?
WORLD SCIENTIFIC eBooks, Jun 1, 2019
The theory and practice of government de-regulation
International finance review, Nov 26, 2008
This chapter describes how governments and regulators could introduce selective de-regulation bas... more This chapter describes how governments and regulators could introduce selective de-regulation based on exempting corporations from existing practices when they amend their constitutions to provide superior outcomes for investors and other stakeholders. An example is ...
Creating Virtuous Humanistic Managers and Organisations with Polycentric Corporate Charters
Proceedings - Academy of Management, Aug 1, 2023
Can Digital Technology Make Self-Listed Firms More Efficient?
Social Science Research Network, 2022
How Cybernetics Explains Behavioural Tensegrity and its Advantages for Organisations
Social Science Research Network, 2021
The article explains the crucial role of the dual paradoxical contrary ~ complementary properties... more The article explains the crucial role of the dual paradoxical contrary ~ complementary properties of tensegrity. It is a neglected phenomenon in understanding how living things and their social organisations become self-regulating, self-managing and self-governing. Tensegrity is identified as a defining feature of the architecture of nature that drives evolution. Corporations that include tensegrity into the polycentric self-governing processes identified by Ostrom create an ecological form of governance for citizens to self-govern sustainability of their host bioregions for the global common good. This requires system scientists working with social scientists in educating students to become governance architects to custom design ecological corporations. Research opportunities are identified in testing six hypotheses that include fundamental aspects of the universe.
Conflict of interest: directors must act independently
Company Director, Oct 1, 1999
Might Supplementary Domesticated Currencies Reduce Financial System Risks
27th Annual Meeting, Jul 2, 2015
Athens journal of social sciences, Jun 30, 2016
The research goal is to investigate how supplementary digital terminating currencies can provide ... more The research goal is to investigate how supplementary digital terminating currencies can provide a superior fallback position to Bitcoin in a financial crisis and/or provide a basis for rehabilitating distressed economies. Greece lost the opportunity to regain monetary sovereignty because its finance Minister believed that at least a year would be required to introduce new notes and coins. Digital self-liquidating Euros could be distributed immediately to voters by using swipe cards used by some governments for transit facilities. Bitcoins do not provide a viable medium of exchange because of the cost of their purchase, creation and/or exchange. Self-liquidating paper based "Stamp Scrip" privately issued in Europe and the US in the Great Depression minimizes the complications and cost of money creation and/or exchange. Self-liquidating money was called "Speed" money because it circulated faster. Its private issue again in Germany since 2003 demonstrated its acceptance and attraction for Governments to introduce digital Speed money.
Stimulating Business and Economies with Usage Fee Money: Enabling Euro Zone Nations Like Greece to Regain Monetary Sovereignty
Social Science Research Network, 2015
The paper identifies how a usage fee parallel digital currency is more attractive than Bitcoins, ... more The paper identifies how a usage fee parallel digital currency is more attractive than Bitcoins, either to provide liquidity in a crisis or for stimulating businesses on a sustainable basis. User fee "Stamp Scrip" successfully stimulated businesses and distressed communities during the Great Depression in Europe and the US. Unlike Bitcoins, user fee money can be gifted and redeemed at a profit by the issuer from the fees collected. Bitcoins have to be purchased at market value or mined with substantial transaction costs from computer usage and the energy they consume. Governments could issue parallel profit making money as proposed by the 1933 Bankhead-Pettengill Bill introduced into the US Congress to issue one trillion dollars of self-liquidating Stamp Scrip. This type of Quantitative Easing allows governments to directly fund the digital purses of welfare recipients, businesses, and infrastructure construction to maintain and create jobs while reducing expenditures and debt without increasing taxes. Usage fee money has been tethered to Euros in Germany and exists in competition with them. However, Euros like all other fiat money and bitcoins are not fit for purpose as a medium of exchange to sustain humanity on the planet. A hypothetical terminating but sustainable value tethered and tagged currency is described with its institutional arrangements as a reference standard for governments to: (a) regulate new types of digital money that are arising and (b) obtain support from international financial institutions to introduce as a parallel currency to sustain their economies and the global financial system.
When Land Owns People
Social Science Research Network, Nov 22, 2007
Human systems management, May 27, 2015
The research question is how to achieve a prosperous environmentally sustainable global society. ... more The research question is how to achieve a prosperous environmentally sustainable global society. The objective is incompatible with economic policies of full employment or of uninhibited use of non-renewable resources. Politically attractive incentives of smaller taxes are identified as a way of changing the way capitalistic economies operates by introducing ecological forms of owning and controlling realty, firms and money. Ecological capitalism facilitates increases in prosperity even with degrowth from a declining and aging population. Crucially, it introduces localisation in citizen ownership and control of the means of production and exchange to provide a basic minimum dividend income for all citizens. A basic income allows full employment policies to be replaced with policies of fulfillment in employment and/or leisure. The cost of welfare and the size of government reduced from the tax reductions creates the political incentive for change. Localisation also enriches democracy with the power for citizens to nurture their host environment. Increased life expectancy with depopulation is already occurring in over twenty countries and this is expected to spread globally in the current century. This phenomenon with current environmental degradation creates an imperative for introducing ecological capitalism as an answer to the research question sooner rather than later.
Flaws and Remedies in Corporatisation and Privatisation1
Human systems management, Sep 1, 1993
This paper analyses the inherent operational defects of centrally controlled hierarchies which ar... more This paper analyses the inherent operational defects of centrally controlled hierarchies which are common to both the public and private sectors in Anglo-Saxon corporate architecture and suggests how these defects may be ameliorated. The defects arise from the use of unitary boards which introduce conflicts of interest for directors and reduces both their ability and incentive to improve operational performance. The use of supervisory boards and stakeholder councils to decentralise control, provides a basis for improving the operational performance of directors and their organisation. Also, stakeholder participation provides a way to convert ‘open’ hierarchies into several decentralised ‘closed loop’ information and control systems to improve operating performance. Practical examples are found in Japanese keiretsu firms, the employee/consumer co-operatives found around the town of Mondragón in Spain and in the governance of the Australian Aboriginal and Torres Strait Islander Commission. This paper considers the opportunities for public and private sector organisations using Anglo-Saxon corporate architecture to improve their performance, social accountability and competitiveness by introducing stakeholder governance.
What Defines Capitalism? What Is Wrong with It and How to Fix It?
Palgrave Macmillan eBooks, Jan 9, 2015
Managing Knowledge to Counter Climate Change
Social Science Research Network, 2020
The purpose of this paper is to apply existing knowledge to counter climate change. The contribut... more The purpose of this paper is to apply existing knowledge to counter climate change. The contribution to knowledge is to ground institutional analysis, individual behaviour, political science, economics, management and the management of global sustainability in the practices and science of governance found in nature. This is achieved by using bytes as the unit of analysis to explain how nature governs complexity on a more reliable and comprehensive basis than achieved by humans. Tax incentives could encourage organisations to adopt elements of ecological governance found in nature and in social organisations identified by Ostrom and the author. Ecological governance can provide benefits for all stakeholders as desired by CEO’s of the US Business Round Table. Corporations then become a common good to allow them to promote global common goods like countering climate change, pollution and inequalities in power, wealth and income. Democracy is enriched bottom-up.