There is no inevitable logic of capitalism. Capitalism's stability depends on how well nation-states manage it and on social cohesion.
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John L. Campbell is the Class of 1925 Professor & Professor of Sociology at Dartmouth College. He is the author of American Discontent and other books.
John A. Hall is the James McGill Professor of Comparative Historical Sociology at McGill University. He is the author of The Importance of Being Civil and other books.
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