Table of Contents

1 Introduction 7



2 A concept of governance 10

2.1 Prerequisites for governance 11

2.2 Communication and governance 25

2.3 The emergence of governance 29



3 Governing the knowledge society 34

3.1 Governing knowledge work 36

3.2 Governing the intelligent organization 40

3.3 A governance regime for the knowledge economy 43



4 A matrix of globality 52

4.1 Nation states and sovereignty 53

4.2 The self-governance of lateral world systems 55

4.3 A global society? 60



5 Varieties of global governance regimes 65

5.1 A global market regime 66

5.2 A global normative regime 83

5.3 A global moral regime 99

5.4 A global knowledge regime 108



6 Case study: the governance of global finance 130

6.1 Money as medium: language, communication, and symbols 134

6.2 Capital as medium: the language of investments 149

6.3 The temporal construction of capital: options and futures 151

6.4 Autonomy and resilience 163





7 Elements of smart governance 165

7.1 Governing complex systems 165

7.2 Coping with uncertainty 174

7.3 Building competencies 178

7.4 Achieving resilience 181



8 Consequences for global governance 185

8.1 Convergence of knowledge society and world society 187

8.2 Governing complex systems: a global perspective 194



Abbreviations 208



Bibliography 209