Imperial Expansion Driven by Capitalism Leads to Elite Feuds and Conflict
The article explains why some countries are richer than others and how the capitalist system stays stable. It uses a simple model to show that economic growth depends on resources, technology, and market access. By adding power dynamics, it argues that empires expand to secure these advantages. The system needs both growth and fair distribution to work. But as empires grow, they clash with each other, leading to conflicts. To manage this, powerful nations should recognize each other's areas of influence.