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Machine generated contents note: 1. Introduction: realism and democracy; 2. Reason of state and two dimensions of realism; 3. From the Sophists to Aristotle: institutions lie; 4. From Aristotle to Machiavelli: democracy bites; 5. From Machiavelli to the Puritans: fire fights fire; 6. From the Puritans to the Populists: money never sleeps; 7. Conclusion: power and paradoxes.

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