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Is Our Economy Too Complicated for Our 18th-Century Political System?

Can a democratic system function efficiently in an advanced economy in our modern, globalized world? A system based, say, on a couple of 18th century documents updated occasionally by nine people in black robes and a two-chambered legislature that must devote at least as much time to the raising of funds to re-elect itself? I think it can—eventually—but not everyone agrees.

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