13min chapter

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1020: The Death of the Nation State?

Radical Personal Finance

CHAPTER

Evolution of Democracy and Nationalism

Exploring the historical evolution of democracy and nationalism during the industrial age, this chapter analyzes the impact of governmental growth, negotiation costs, and the concentration of power in the nation-state. It discusses how nationalism emerged as a tool for state power, simplifying governance and enabling easier resource mobilization. Furthermore, it contrasts early nationalism with later versions, predicting a potential decline in nationalism's force, especially in economically challenged regions.

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