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"Why Nations Fail: The Origins of Power, Prosperity and Poverty" by Daron Acemoglu

• panarky 2y ago
  Do nations fail primarily for economic reasons? When the level of exploitation by those on top becomes too extreme, that's what does it? Does that adequately explain other factors like disease, religion, natural disaster, incompetence, corruption, conquest and civil war?
  • foragerdev 2y ago
    yes, author does explain multiple factors, which impacts a nation's success. Such as institutions, culture, politics, historical events, vicious or virtuous cycles. Etc. It's good book overall.
  • leosanchez 2y ago
    > When the level of exploitation by those on top becomes too extreme, that's what does it? Yes, Author calls them "Extractive Institutions"