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Summary of Why Nations Fail

    SariyyaBalıntı yaptı3 yıl önce
    underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors. Elites in underdeveloped countries deliberately plunder their people and keep them impoverished.
    Dasha Sobolevaalıntı yaptı3 ay önce
    Why Nations Fail makes a strong polemical case for a controversial theory. Acemoglu and Robinson are partisans in this debate, and their perspective colors all aspects of their book. Readers who wish to consider the cases made for other causes of development will need to consult other sources. Jared Diamond, the historian against whom the authors most conspicuously argue, criticized Why Nations Fail in theNew York Review of Books, where he predictably argued that geography has a greater effect on development than Acemoglu and Robinson believe it does. [11] Roberto Patricio Korzeniewicz, a comparative and historical sociologist writing in Jacobin, argued that the authors ignore the extent to which global capitalism creates and depends upon inequality. [12]
    Dasha Sobolevaalıntı yaptı3 ay önce
    The book discusses the ways in which imperial nations imposed extractive institutions that impoverished nations in Africa and Latin America. But the possibility that economic success in one democratic nation may be linked to the undemocratic exploitation of another is never examined
    Dasha Sobolevaalıntı yaptı3 ay önce
    The book discusses the ways in which imperial nations imposed extractive institutions that impoverished nations in Africa and Latin America. But the possibility that economic success in one democratic nation may be linked to the undemocratic exploitation of another is never examined.
    Dasha Sobolevaalıntı yaptı3 ay önce
    Some economists and experts have argued that violence and conflict are among the major causes of poverty worldwide. The 2011 World Development Report argued that violence traps many countries in inescapable cycles of poverty. Thirty-nine countries that experienced civil war between 2000 and 2011 also experienced civil war between 1970 and 2000. In countries that experience this kind of repetitive violence, people suffer malnourishment at twice the rate of non-conflict-ridden nations. In these countries, infant deaths are also twice as likely. Those who want to end poverty, therefore, need to focus much more on ending violence and war. [7]
    Özer Y.alıntı yaptı3 ay önce
    Governments resist development because they believe that growth will result in creative destruction, shifting power within the country, moving prosperity to new elites
    ngomeniukalıntı yaptı5 ay önce
    conclude that underdevelopment is caused by political institutions and not by geography, climate, or other cultural factors
    Настя Коваленкоalıntı yaptıgeçen yıl
    Political institutions are often shaped by historical contingencies.
    Alina Muratovaalıntı yaptı2 yıl önce
    Political institutions are often shaped by historical contingencies.
    Alina Muratovaalıntı yaptı2 yıl önce
    hus, as England moved towards greater freedom, Eastern Europe moved towards an ever more extractive economy based on the coerced labor of serfs.
    Alina Muratovaalıntı yaptı2 yıl önce
    As the status quo is disrupted, new populations will gain access to different economic opportunities and will be able to challenge elite power hierarchies.
    Alina Muratovaalıntı yaptı2 yıl önce
    tighten their grip on resources
    Alina Muratovaalıntı yaptı2 yıl önce
    paved the way for
    Alina Muratovaalıntı yaptı2 yıl önce
    greater guarantees of property rights and receive more of the fruits of their own labor.
    Alina Muratovaalıntı yaptı2 yıl önce
    The change in the laws encouraged innovation and industry
    SariyyaBalıntı yaptı3 yıl önce
    authors ignore the extent to which global capitalism creates and depends upon inequality.
    SariyyaBalıntı yaptı3 yıl önce
    possibility that economic success in one democratic nation may be linked to the undemocratic exploitation of another is never examined.
    SariyyaBalıntı yaptı3 yıl önce
    Sustainable development is linked to virtue, which means that to the extent nations are successful, they are presented as virtuous
    SariyyaBalıntı yaptı3 yıl önce
    There are academic debates about whether geography, culture, or political institutions cause differences in development. Acemoglu and Robinson argue strongly for the importance of the last of these.
    SariyyaBalıntı yaptı3 yıl önce
    But since countries are underdeveloped because of extractive political institutions, these institutions will ignore or sideline new mechanisms of accountability that threaten their power or reduce their ability to plunder. Similarly, extractive governments will simply expropriate foreign aid for elites.
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