kaal:claim:3981021-003

Private foundations exercise plutocratic power because their leaders and trustees are not elected democratically, they are permitted to operate in perpetuity, and their operations lack accountability and transparency.

Private foundations have plutocratic power because such organizations' leaders or trustees are not elected democratically, they are allowed to work in perpetuity, and their operations lack accountability and transparency.

Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021), Motivation, Lack of Transparency, p. 10
https://ssrn.com/abstract=3981021 · source PDF

Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021). SSRN: https://ssrn.com/abstract=3981021

• private foundations
• jurisdictions permitting perpetual foundations

mechanismsupport: evidenceddisclosuregovernance-design

• extended_by kaal:claim:4685567-003 Impact 1.0 foundations developed plutocratic power structures because their leaders and trustees were never de...

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• Agreement:  Prompt Accountability and Session-Context Disclosure
• Extension: Discretionary Disclosure, Transparency, and Accountability
• Extension: Accountability and Corporate Governance
• Qualification: Managing the Transparency and Trade Secret Conflict in AI Accountability: Layered Access as Governance Design