Why Nations Fail: The Origins of Power, Prosperity, and Poverty Audiobook (Free)

Brilliant and engagingly written, So why Nations Fail answers the query which has stumped the experts for centuries: What makes some nations rich while others poor, divided by wealth and poverty, health and sickness, food and famine?

Is it culture, the weather, geography? Maybe ignorance of what the proper policies are?

Simply, no. non-e of these elements is either definitive or future. Otherwise, how to describe why Botswana is becoming one of the fastest growing countries in the globe, while about Why Nations Fail: The Origins of Power, Success, and Poverty additional African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence?

Daron Acemoglu and James Robinson conclusively present that it’s man-made political and economic establishments that underlie economic success (or insufficient it). Korea, to consider just one of their fascinating examples, is an amazingly homogeneous nation, yet the people of North Korea are among the poorest on earth while their siblings in South Korea are among the richest. The south forged a society that created incentives, rewarded creativity, and allowed everyone to participate in economic opportunities.

The economic success thus spurred was sustained because the government became accountable and attentive to citizens and the great mass of individuals. Sadly, the folks of the north possess endured decades of famine, political repression, and very different economic institutions-with no result in view. The differences between your Koreas is because of the politics that produced these completely different institutional trajectories.

Based on fifteen years of primary study Acemoglu and Robinson marshall incredible historical evidence from your Roman Empire, the Mayan city-states, middle ages Venice, the Soviet Union, Latin America, England, Europe, america, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:

– China has built an authoritarian growth machine. Does it continue to develop at such high speed and overwhelm the Western world?

– Are America’s best days behind it? Are we shifting from a virtuous circle in which attempts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?

– What is the simplest way to help move billions of people from the rut of poverty to success? More philanthropy from the wealthy nations of the Western? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas for the interplay between inclusive politics and economic establishments?

Why Countries Fail changes the way you look at-and understand-the world.

Includes a bonus PDF with maps from the book