AP: Harvard is governed essentially the way it was 350 years ago: by a secretive, 7-member, self-perpetuating body called the Harvard Corporation. Does the system need to change?
Summers: I think the university does need to reflect on questions of governance... The university's governance structure was set at a very different time when universities were investing much less than they're able to invest today, when the demands on them from a larger society are much less than they are today.
And so I think particularly after a period of some tension between a president and members of the faculty, I think it would be appropriate for there to be reflection on institutions of governance at Harvard.
AP: But to what end?
Summers: I think the university needs to be more prepared to change and adapt itself. I think that the veto power is too widely distributed within the university. There's too much stove-piping into individual disciplines and individual departments. The Faculty of Arts and Sciences hasn't created or eliminated a department in more than 35 years.
Stovepiping?
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