The challenge to Marxian theory presented by the current collapse of communist economies centers on the role of markets … his materialist approach to history. Marx's attack on markets flunked the test of theory one hundred years before it …

We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the … individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state … and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their …