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The American Context of Civil Society

By Yuval Levin

In both the conservative and progressive imagination, civil society is valued—for opposite reasons—as an arbiter between the individual and the national state. But by viewing civil society as the core of America’s social life, we can see our way toward a politics that might overcome some of the dysfunctions of our day.

A New Form of Capitalism

By Sarah Murray 2

The Peterborough Social Impact Bond was the first of its kind. Does its success in improving recidivism rates while rewarding investors herald a new way of using finance for social impact?