Studies, is Academic director of the Institute. The ideas presented here owe much to the meetings and various intellectual exchanges of the “East-South System Transformation ” project, supported by the MacArthur Foundation. I am particularly grateful to the director and intellectual leader of this project, Adam Przeworski, for his many extremely helpful criticisms and suggestions. Some of the ideas of this text have been inserted and polished by Przeworski and inserted in a volume (Sustainable Democracy, forthcoming) of which he is the principal author. I presented a previous version of this text at th
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