This relates to a lot of the ideas in “Why Nations Fail”. Strategies that are value or performance focused tend to lose out as power centralizes. If running a

This relates to a lot of the ideas in “Why Nations Fail”. Strategies that are value or performance focused tend to lose out as power centralizes. If running a business is treated as a right and subject to little interference, the key thing to do is run a good business; if running a business is gated by bribes and arbitrary rulings from various officials, the key thing to do is manage those relationships.