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Globalisation and the transfer of powers from state constitutional systems to international organisations (IOs) have led to several deficiencies, especially with regard to checks and balances in global governance. The need to inculcate the rule of law and constitutionalism in global governance has therefore gained currency in the 21st century. This has been exemplified by calls for the reform of the United Nations (UN) and the extensive reforms in regional IOs, such as the European Union (EU), with emphasis on institutional balance and the tempering of political power with institutional controls. / Thesis (LLM (Human Rights and Democratisation in Africa)) -- University of Pretoria, 2010. / A dissertation submitted to the Faculty of Law University of Pretoria, in partial fulfilment of the requirements for the degree Masters of Law (LLM in Human Rights and Democratisation in Africa). Prepared under the supervision of Dr. Jacqui Gallinetti Faculty of Law, University of the Western Cape, Cape Town, South Africa. 2010. / http://www.chr.up.ac.za/ / Centre for Human Rights / LLM

This diploma thesis reflects theories of C. B. Macpherson. It is concerned about his visions of democracy as a one-class society, which is formed by constituing liberalism into class divided society. Text pays attention to writters, whose inspired Macpherson, and also aims to analyse other theories of liberal democratic writters who are concerned about problematic of democracy and private property. The most important part of this thesis deals with main critics of Macphersons and his important concepts such as net transfer of power, differencing between the consumer ethics or developmental ethics and so on. After analysing these texts thesis tries the defensibility of Macphersons theory and also evaluates usefulness of this theory for these days. key words: liberal democracy, capitalism, development of human powers, socialism, net transfer of powers, Macpherson