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Why Nations Fail
- The Origins of Power, Prosperity, and Poverty
- Narrated by: Dan Woren
- Length: 17 hrs and 55 mins
- Categories: Politics & Social Sciences, Politics & Government
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Publisher's Summary
Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?
Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?
Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence?
Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions - with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories.
Based on 15 years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, 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. Will it continue to grow at such high speed and overwhelm the West?
- Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?
- What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions?
Why Nations Fail will change the way you look at—and understand—the world.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
Critic Reviews
"Why Nations Fail is a truly awesome book. Acemoglu and Robinson tackle one of the most important problems in the social sciences - a question that has bedeviled leading thinkers for centuries - and offer an answer that is brilliant in its simplicity and power. A wonderfully readable mix of history, political science, and economics, this book will change the way we think about economic development. Why Nations Fail is a must-read book." (Steven Levitt, co-author of Freakonomics)
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- Manpreet Singh
- 27-12-20
Too long for it's own good
The discussions in the book are excellent.... but rather repetitive.
It covers issues that are worthy of long considerations... but somehow many of the illustrative examples just repeat the previous process rather than provide a new perspective.
Like: -
I have read books on economics that tackled economics more cohorently than this... but the amount of time spent on discussing all facets and schools of economics in this book is commendable. It lays out the pitch for the game and lets you decide for yourself where you stand with respect to the whole underlying principles.
The role of political structure vis-a-vis the economic path of an economy could not be better put across.
Dislike: -
As stated previously... repetitive
The illustrations seem to be biased towards proving the point... there are numerous occasions where you feel that the exact opposite examples could have been produced... but the contrarian point is not considered.
Not a bad book.
Good premise, lots of history, decent narration - but as a complete package - not the best in its class.
1 person found this helpful
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- Surendra Singh
- 26-09-20
One of most influential books
"Why nations fail" is a masterpiece tracing the origin of growth and poverty. The narration by Dan Woren is equally good.
1 person found this helpful
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- Gokul U.
- 18-11-19
A very broad understanding of why nations fail
Highly recommended to continue your understanding of nation building, authoritarianism, inclusive and extractive institutions. I learnt a lot about regions I didn't know about before.
1 person found this helpful
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- Vicktarius
- 20-02-21
Enjoyable and Informative theory
Basically it says the Quality of politics determines Quality of economics which moves away from other theories based on race, geography, culture instead due to historical incidents that like a roll of dice determined who gets to be wealthy and which nations poor.
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- Ram Mohan N
- 14-02-21
Absolute waste of time
The entire book can be summarised thus:
Nations fail because of extractive institutions, both economic and political.
There's nothing more to it. The author could have shortened the book to one-tenth, yes one-tenth.
Having bought the book, I continued listening hoping that the author would have something material to say (yes, sunk cost fallacy. I should have left the book long ago, when I found that the author was just repeatng himself over and over again)
A complete waste of time. Avoid
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- Anto
- 09-02-21
Good, but gets repetitive
The book started off very well, but over a point of time got very repetitive. The same concept of extractive institutions, inclusive growth has been repeated for the entire book. After a few chapters I found it difficult to complete the book. Few concepts are good. Less engaging and a lengthy book.
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- Srinivas
- 08-02-21
Comprehensive presentation of the perspective
It was a comprehensive presentation of history in the context of an extractive vs. inclusive political system. This is one of the first books I read in the context of the cause of poverty. At some points, I had the feeling that the authors are cherry-picking examples or the cause of failure for a state.
However, there were some contexts that I was not completely satisfied with. For example,
1. A lot of European wealth was based on the exploitation of colonies. Would the UK have been so rich if there was not extraction from its colonies?
2. The authors give an example of how the railway system was implemented much later in Austria due to the extractive political system (nearly 200 years later, if I am not mistaken). However, today the per capita income of Austria is greater than that of the UK. Did the earlier inclusive political system not help the UK in the long run?
3. Once the political systems are inclusive, what drives development after that? Would the Scandanavian and middle east countries be this successful if not for their oil wealth?
While I do not completely agree with the view of the authors, I appreciate the comprehensive presentation. Also, they explain the limitations of the theory in predicting a nation's course over the next 50-100 years. It is definitely a good read!
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- Anonymous User
- 05-02-21
A masterpiece of its kind!
Even if their theory is defied by China's staggering growth and its future projections for now, it does explain a lot of why the world is the way it is. Absolutely thrilling!
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- Avinash Tavares
- 20-10-20
brilliant
An insightful journey through the economic history of nations. It has changed my way of looking at government policies. As an Indian I couldn't explain to people why govt promoting multinational Indian based companies like reliance and Adani is bad for india. now I know exactly why. thank you
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- VU
- 10-09-20
Good thought but a little stretched
Interesting thought, but the author keeps belabouring the same point. Useful to understand the larger picture
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- Joshua Kim
- 01-05-12
Pros and Cons of "Why Nations Fail"
I read Why Nations Fail this month while traveling in South Korea. The book was much on my mind as I looked across the DMZ at North Korea on the 38th parallel. South Korea, a country of about 50 million people, enjoys a per capital PPP (purchasing power parity) GDP of around $32,000. (The U.S. is $48,000 by comparison - wealthier but also with a less equally distributed income). In North Korea, the GDP per capita (PPP) is $2,400 - an incredibly low numbers that still probably understates how desperately poor (and hungry) are the people of North Korea.
Why should North Korea be so poor, and South Korea so rich?
The two countries share common cultural roots, geography, and access to natural resources. This is the question Acemoglu and Robinson attempt to answer in Why Nations Fail. They look at examples such as North Korea, as well as other natural experiments of societies that share similar exogenous traits (resources, climate, etc.) - such as the twin Nogales's in Mexico and Arizona.
Acemoglu and Robinson's explanation as to why some nations are poor and others rich has everything to do with the elites. Poor nations are poor because the people who run these countries have made their subjects destitute in service of enriching themselves.
North Korea can best be understood as being run by a criminal family. Mexico is so much poorer than the U.S. because of its history of being run by elites whose main goal was to extract wealth, and who did not need to redistribute economic production as for most of its history the country lacked pluralistic institutions that could check the power of the rulers.
This argument, that some countries are poor because the powerful keep them poor, stands in direct opposition to the arguments that Jared Diamond makes in Guns, Germs and Steel. Diamond believes that the wealth distribution was largely pre-determined by immunity to disease (or lack thereof), access to domesticable livestock, and the raw materials and technologies to make advanced weapons.
I am a huge fan of Diamond's writing, but Why Nations Fail has me thoroughly convinced that more deterministic view of development (as put forward by Diamond and others) is problematic. Why Nations Fail should definitely be on the syllabus in any economic history or development course, and on the bookshelf (physical or virtual) of anyone interested in global inequality, poverty, and why some nations are so much richer than others.
Should you invest the time to read Why Nations Fail? The book is 544 pages, or almost 18 hours by audiobook (my reading choice). Acemoglu and Robinson would have benefited from a strong-willed editor, one who was willing to push them to provide less historical detail (the book has a ton from around the world across numerous societies), and more analysis of the implications of their arguments for countries like China and India.
I came away from Why Nations Fail thinking that if the argument is correct then China's long-term economic prospects might not be as good as we assume, and India's may be better. But having spent time time in South Korea, which developed so rapidly at least partly under a repressive military regime, it is hard to square this conclusion with the recent facts of some of our fastest developing countries.
Perhaps Acemoglu and Robinson next book will take outliers and implications, building on top of the theoretical foundations for development and inequality laid out in Why Nations Fail.
113 people found this helpful
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- Ryan
- 01-09-12
Important themes, with blind spots
Acemoglu and Robinson’s central thesis isn’t hard to understand: countries with inclusive, equitable political and economic institutions tend to prosper, while those with extractive, exclusive institutions geared towards the interests of a small elite tend to languish. The authors minimize geography and culture as significant factors in the equation, pointing to nations where those realities are similar but political systems vary.
The dynamic exists, the authors maintain, because the interests of an exploitative elite and those of regular citizens are usually in conflict, so the elite must actively block democratic movements, workers rights, unions, property rights, innovation, etc. in order to maintain a hold on power. In more inclusive systems, meanwhile, there is a virtuous circle effect, in which opportunity breeds motivation and meaningful choice, while making it hard for anyone to consolidate too much power over others.
It’s a strikingly simple hypothesis -- a little too simple, I think -- but the authors back it up with a wide set of historical cases, ranging from post-Renaissance Europe, to the colonial Americas (noting the different approaches taken by English and Spanish settlers in controlling their territories), to post 17th century Britain, to the United States (monopolies and trusts are discussed), to the Arab world, to the Soviet Union, to modern Africa, to North versus South Korea. Even if you more or less accept the book’s ideas, the details are still informative. If you’re not familiar with the political differences between imperial Spain and England, they cast quite a bit of light on the separate paths taken by the two former world powers -- and their former colonial possessions. Similarly, you don’t appreciate what apartheid meant for South Africa until you’ve contemplated just how the system was structured to impede blacks from becoming more than cheap sources of labor. As was a problem in the US, too.
The examinations seemed politically balanced. Communist governments taking a drubbing, and the authors argue that China’s rapid growth as orchestrated by Bejiing is unlikely to be sustainable unless the Party relinquishes more of its grip. But Acemoglu and Robinson also pay attention to how capitalist monopolies undermine democratic ideals, as do weak or corrupt central governments that lack the power to enforce laws and protect individual rights.
The book has its blind spots, though. I simply don’t agree with the authors that geography doesn’t matter. Most wealthy countries, it seems to me, have inclusive systems, but were also blessed in resources, either obtained locally, or extracted from some other region. It’s easy, for example, to see a country like the Netherlands as owing its prosperity to being a liberal democracy, but that’s not the whole story. The Netherlands got started on a path to prosperity because it set up exploitative trading companies during the colonial era and eventually reallocated the wealth into new ventures. I also think that geopolitics is underrepresented as a factor. South Korea and Israel might be successful countries in spite of tough landscapes, but both enjoyed massive military and economic support from the United States, enabling technological economies to flourish. It’s not that a country like Zimbabwe has no chance of becoming a technology center, but it would have to find a way to produce skilled workers who can compete in the global economy, without being tempted to emigrate.
All in all, the ideas that Acemoglu and Robinson promote are important foundational ones, but should be considered with their blind spots taken into account. Readers interested in history for its own sake might enjoy the case studies; if not, the themes are pretty repetitive.
64 people found this helpful
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- Neuron
- 01-05-15
Interesting and plausible, but too long
The central tenet of this book is simple. Nations fail when they have extractive institutions and nations prosper when they have inclusive institutions. An extractive institution ‘preys’ on people so that they have no personal incentive to be productive. Power sits with a few or a group of individuals who typically don’t want to share the spoils and suppresses innovation for fear of “creative destruction”.Inclusive institutions, on the other hand is one in which you can build your own reputation, where power is shared and where you can pick the fruits from the tree that you planted (metaphorically speaking).
Acemoglu begins with a portrayal of the city Nogales, located on the Rio Grande. Until 1918 Nogales was one city, with one history, one climate, shared institutions and so on. However, since the city was split into two, the Mexican and the American part of the city have had very different trajectories. Today the GNP per capita in the American part of Nogales is almost twice of that in the Mexican part. More children go through education, life expectancy is higher etcetera etcetera. According to Acemoglu, the cause of this divergence is the difference between the institutions on either side of the border. In Mexico setting up a business you had to get past a lot of bureaucracy and corruption and one could never count on property rights being respected. On the American side on the other hand institutions would help people start a business. Through positive feedback (or the virtuous circle), what was initially a small difference grew larger and larger and eventually grew into the difference we see today.
The same type of differences can be seen on a global scale where countries with extractive institutions, because innovation have been discouraged, are much much poorer than nations where innovation has been encouraged and rewarded. The most significant point in history was probably the industrial revolution. Those countries, such as the UK, that adopted the new methods eventually became prosperous, whereas the countries that saw the revolution more as a threat did not fare so well.
Is the author’s analysis correct? Acemoglu provides many examples to support his thesis, including analysis of the Soviet Union, China, Botswana, South America and the middle east, to mention a few (it is because of all these case studies that the book is so long). However, when it comes to historical analysis such as this, I believe there is always a significant risk of confirmation bias. As Acemoglu notes, some nations with extractive institutions have and do experience significant economic growth. Take for example the soviet union which, for a while, did quite well. Today we have China which Acemoglu also consider to be extractive because most businesses are owned by the state. The author explains that extractive institutions and nations can generate a limited amount of growth but that unless they become inclusive and innovation friendly that growth will wane. He therefore makes the bold prediction that China’s growth, like the soviet union’s, will cease when living standards reach a reasonable level.
I think there is little doubt that inclusive institutions are better than extractive ones and politicians should certainly strive to make the entire world more inclusive. In this the book is quite convincing. Whether Acemoglu’s more controversial conclusions that China’s growth will stop unless they become more inclusive or that foreign aid to countries with extractive institutions will mainly benefit the parasites already in power, are true remains to be seen. Overall this is a good book and the reader will get a comprehensive analysis of history and the implications of various political movements. For me however, the book was a bit too long (like this review maybe), and I experienced a loss of focus in the middle of the book because it felt like just more of the same. I would have given the book 4 stars if it had been a bit more condensed and less repetitive. Then again, other readers might like this.
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- Krishna1306
- 17-10-16
'Don't Miss' for politics, history and economics lovers.
'Why nations fail' is one of the best books I read so far, in terms of the compelling arguments and astonishingly simple reasoning to explain the inequality that persists in the world today.
Almost all the economies in the world in the context of their political institutions and polices are presented in a chronological order starting from as much as BC. The insights presented are thought provoking, eccentric and highly exemplified with historic events dotted along the course of time.
Must read book for anyone who likes to know why certain countries like USA, South Korea, Japan, UK etc., are rich while others are not. The reason for it is rather simple and obvious at a second look.
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- Pedestrian Friendly
- 23-07-20
Lacks Veracity
The theory developed and presented fails because it fails to take into account the willy-nilly reproduction tradition practiced by the species we all belong to. Something that has never changed and is seldom taken into account.
Add to that the fact that political power and will are now and have always been based of one form or another of military force inducing it. Inclusive and exclusive political arrangements are thus founded on militarism and there is not the slightest possibility, regardless of all rhetoric, that they will not continue in such a way.
At the beginning, one gets the impression that the author means to be unbiased. Once into the narration, is sad to discover that, for one thing, a lot of important facts about which countries are poor and which ones rich are missing.
The geography portion was disturbing to listen to, as the author presented both the Aztecs and the Incas as civilizations in warm areas simply because they were located between the Tropics. Tenochtitlan, now Mexico City, is 7000 feet above sea level and its climate is very different than, let's say Puebla or Veracruz, near by.
Similarly, the Inca empire was located along the western portion of the Andes concentrated mostly in Peru and below, where the climate is much different than the eastern side of the Andes, and the coastal weather is different than, let's say, the Pacific coast of Ecuador.
That the Spanish and Portuguese traditions are to blame for the poverty found in Latin America is half the story because the civilizations found, were living under much the same conditions as those established by the invaders, which leads one to think that similar consequences awaited any future growth in those areas.
Finally, the premise of the book and the theory it produces could have been properly and well described in a paper 20 pages or less.
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- 54ibew46
- 26-05-12
Title Misleading
Would you listen to Why Nations Fail again? Why?
One of those books where you go back and re-listen when it is over. As I rode the train across the midwest I stared out the window and was completely mesmerized by the chain of history laid out and the results we live with today. Turned my assumptions about cultural and geographic advantages on its head, replaced them with the social and economic influences that are the motor of history.
Having just finished Graeber's "Debt", this book compliments the history of influences that make up modern nations, and shows the perils of the 1% face if left to their own devices.
How would you have changed the story to make it more enjoyable?
If I hadn't heard an interview by the author on the Majority Report, I would have dismissed this book as another End Times screed I avoid. In reality the book is why economic systems rise and fall no matter the nationalistic or political trends. From socialistic dictatorships to ancient empires, the institutions we build determine the fate of nations.
I wish the authors had more to say of the upheavals in our own economy in recent times and the influences that brought us here, for instance for all the benefits of the Glorious Revolution in England, why are they now a nation in decline and austerity? I guess they as educators want us to draw our own conclusions about current events, dots are defiantly. being connected in my own mind.
What about Dan Woren’s performance did you like?
Solid, steady narration that is meant to be read aloud.
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- D. Martin
- 19-08-12
Bad (as) Economics. Worse (as) History.
I am absolutely shocked at the positive reviews this book has gotten, both from people on this site and from professional economists. At its core, this book is nothing but a hodgepodge of just-so stories: every nation that succeeds had something right in its institutions, and every one that failed had something wrong. While there's undoubtedly some truth to this, the authors give very little criteria for determining just what good institutions are, or advice for how they can be fostered. Oftentimes, when economists invade and colonize other disciplines, great things can happen (think education theory); but in this case it's clear to me that two economists (not even economic historians) tried to take on what is really straight-up history, and did a rather terrible job of it. (What on Earth is the story of Pocahontus doing in this book? And the part on the ancient Maya is a joke.) Again, I think there's undoubtedly some truth to the broad *institutionalist* school of development theory. But (one of) the big criticism(s) of the institutionalists is that it's all buzz words, and when things go right credit good institutions, and when things go wrong they blame bad institutions, and they have no concrete understanding of what elements of a nation's institutions matter, or advice for what to do to improve things. A&R do nothing to dispel these criticisms.
Alternative books that cover some of the same ground: If you're interested in development, I recommend "Poor Economics". If you want *big history*, I recommend "Why the West Rules for Now". If you just want cool stories about the colonial period, which is a lot of what A&R spend their 18-hour book on, check out Landes' "The Wealth and Poverty of Nations", strangely not available in audio. I'd like to recommend something on the institutions v. geography, etc. debates that have eaten up development economics, but honestly I don't think there's a good intellectual history out there, and this is definitely not it. I'd say William Easterly ("White Man's Burden") does a little better job at making the thesis relevant, but I'm not a huge fan of him either. And I can't really recommend anyone actually read Jeffrey Sachs. The first chapter in "Poor Economics" goes over things a little.
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- East West
- 17-10-18
Great book and need multiple reading through
One of the best book I have read . For the narrator , it is “Ching Dynasty” not King Dynasty as you read Qing. I plan to listen at least one more time on this book!
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- Agata
- 01-07-20
Intelligent informative
loved it, narrated well good examples and some great insights, factual and inspiring a good read!
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- Charlie D.
- 15-12-16
100 times recommendable...
i live in Argentina, ij one of the extractive economies the authors mention in the book. Thus, I have actually recommended it to my friends a hundred times over.
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- M
- 25-09-14
Repetitive, but interesting.
As has been said - repetitively - by other reviewers, this is a very repetitive book. And not just thematically. If you removed the words "inclusive", "extractive", "institutions", "glorious revolution of 1688" and ”creative destruction" the book would be about 9 hours shorter. It's still quite interesting (especially when they zoom in on specific histories, like with Botswana, Uzbekistan and Brazil, about which I knew nothing) and I kept going to the end, but the Grand Theory being espoused doesn't seem all that remarkable, unfortunately. (It can be summarised as: If your public institutions are strong enough to stop the gangsters from getting in charge, you're probably going to be okay, if not, you're screwed.) So, not bad, but not brilliant either. (Did I mention it's repetitive?")
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- Judy Corstjens
- 29-04-13
History made science
Breathtaking sweep across time and geography, flying along on the coat-tails of a theory that is so intuitively acceptable that it almost makes you say 'duh'. A society's institutions, extractive (bad) or inclusive (good) explain the wealth of the society and the health and happiness of the common man (and, if you are really lucky, woman). I hated history at school because it didn't explain: just one damn thing after another. This does, right up to the end where they use their theory to predict the future success of current societies. It explains why 'state building' (e.g. in Afgahanistan) is such a challenge. The UK (a pioneer in modern state building) got properly started on the process in 1215, brought in universal education in about 1890 and gave women the vote in 1928. Mind expanding book.
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- Famiii
- 03-05-16
Brilliant! Revolutionise politics and economics
Daron Acemoglu and James Robinson may well have done for political economy what Facastaro, Louis Pasteur and others who proposed and proved the germ theory did for medicine.
Before them there was confusion, after their work was accepted medicine made rapid progress in delivering real and effective treatments and winning the battle against disease.
Acemoglu and Robinson's theory of inclusive political institutions as being the key difference between the wealth and poverty of nations not only rings true, but their trip around the world repeating history through the lens of the theory makes a compelling case.
My main criticism is that the authors, like most academics (and politicians) went some way to critique the work of Jarred Diamond, David Lownes and others. My knowledge of the world is that whilst there are often dominant factors, there are seldom exclusive factors in explaining outcomes in complex systems. And whilst the theory is effective at explaining much of the variation in wealth in the modern world (e.g. Why the US is richer than Brazil) it does not explain everything (e.g. Why agriculture was discovered only once in Eurasia but twice and much later in Sub Saharan Africa, or even the difference between Canada and the USA). Just as germs don't cause every type of sickness.
Despite this it is an outstanding book, compelling read and must reading for politicians, economists, charities and others who shape national policy.
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- Petros
- 02-03-15
Interesting only as a history book
Interesting only as a history book. The assumptions of the writers are in most cases based on an one sided interpretation of historical events and they are missing some very obvious points.
6 people found this helpful
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- julien
- 28-03-13
unconvincing
the authors repeat the same argument over and over, stretching vast amounts of historical examples to fit it's frame.
The reflexion is weak and unconvincing, thus the authors resort to an aggressive and patronizing rhetoric to dismiss other theories regarding the disparity between nations. They seem particularly threatened by Jared Diamonds Gun, Germ and Steal, and rightly so.
Although they would have us believe that we are responsible for our own misery or prosperity because of the institutions we live by, they then admit that there is no reason for one set of institutions to appear in one place rather than another, their explanation being a parallel between their theory and evolution, small institutional differences brought forward by crisis.
there is no proper causal description, at best a messy pile of historical examples correlated with economic development. Whatever argument worth mentioning could have been said in a few paragraphs
the fact that the authors are so pleased with themselves render the all experience rather unbearable.
18 people found this helpful
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- Anonymous User
- 20-05-19
Very Compelling Academic Analysis
The scope and depth of the book are immense. The points are made using dozens of different detailed examples from history. It is also an in depth study of corruption. I would strongly recommend this book.
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- toptone
- 09-06-17
Informative
This is a very informative and well written book. It's long because it incorporates many actual histories and examples to illustrate its points. It is a little dated in parts because time moves on , for example, it holds Brazil up as an example of a society which has transitioned from an extractive to inclusive regime but we know now this is not, in fact, the case. Overall though, it is a good read.
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- DaveW
- 21-07-15
Thought provoking and lots of interesting history
If you could sum up Why Nations Fail in three words, what would they be?
The core idea is brilliant.
The examples from world history are fascinating.
The discussion of past theories on the subject are thought provoking.
What was one of the most memorable moments of Why Nations Fail?
When in the UK the elites were whigs and Tories, they actually decided to live by the rule 'of' law. This was because of the history in regard of the the fact that the ECW and glorious revolution were revolutions against absolutism, as opposed to just another elite. It was also because of the fact that there were now many more paws in government, so it was harder for the Whigs not to just become another set of elites.
Which character – as performed by Dan Woren – was your favourite?
N/A
Was this a book you wanted to listen to all in one sitting?
No
Any additional comments?
It might help if the reader knew the basics of English history.
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- Patrick
- 05-05-13
Brillianr explanation of the World we see today!
Why Nations Fail is one of the most thought provoking books I've ever listened to.
This book explains in detail the reasons why we see the world as it is today. British, and in particular English creativity and entrepreneurism are at the heart of the story and describes how the actions of those people who wrestled power away from English elite society in the 17th century changed the face of the world for ever.
Well worth a read if you want to know why the USA succeeded to become the most powerful country in the world and didn't end up as just another failed state.
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- Anonymous User
- 23-02-21
on of the best political books i have listened to
loved it. provided technical imperical reasoning to why nations fail. Explains concepts well and delivers the arguement concisely with exeptionally well backed up without the bias of polititics. Answered a long unsolved question of mine of why nations fail! Definately recommend.
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- steve
- 27-08-18
Single minded attempt to prove a point.
So I'm half way through and I'm a bit torn about this book. While I mostly find myself agreeing with the author's premise, the book itself is pretty myopic andas a result, boring.
The book can basically be summed up as 'free-market, liberal democracy is the best, it keeps elites in check and creates all the advantages of the West'.
That's fine but the author doesn't set out to uncover the evidence for this, how it works, how it developed etc. but seems content to dredge up examples from history.
Alternative explanations for broad historical trends are brutally straw-manned or dismissed with shameless fallacies in a totally unnecessary exercise at the start of the book in order to make the author's thesis appear to be the singular grand explanation for everything.
On top of all this, the narrator is really boring.
For anyone super into this subject I'd recommend Francis Fukuyamas 'Origins of Political order'. It covers the same ground and actually reaches broadly the same conclusions but does it in a much more comprehensive, informative and honest way.
The book does contain a lot of good material though. I'm pretty much concentrating on the downsides here, it's probably worth a read maybe as an introduction to this kind of subject, but it shouldn't be mistaken for a history book, it's an agenda driven exercise in support of a particular set of ideas.
9 people found this helpful
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- Roger
- 22-12-15
The secrets of national success and failure
This is an academic book with a serious treatment of its subject, but the explanations are clear and well presented. The authors use examples from countries around the world and through history to show consistent patterns in success and failure.
The encyclopedic examples bring the book alive. As you follow the developing argument, you also develop political and economic understanding of countries you are familiar with. The authors' predictions about the future of the Chinese economic miracle are particularly challenging.
It's a long audio book, but never tedious. Dan Woren's voice is pleasant, and he sounds like he knows what he is talking about.
If I had bought this on paper, it would probably still be on my bookshelf with a bookmark in chapter 1. As an audio book on my phone, it fits my busy life.
3 people found this helpful
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- Daniel
- 29-01-21
Exceptional book.
Amazing insight into economic histories from countries around the world and how they shaped our current nations.
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- Anonymous User
- 05-01-21
outdated datas and wrong predictions
lovely stories but the datas and wrongly predictions make the book looks like last year newspaper. not so recommended if you want to get something out from the book. unless you just want to see how wrongly the authors were.
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- Mars
- 11-12-20
compelling theory
Not always an easy read, and the key points at times seem laboured, but this is a compelling theory of the causes of sustainable national prosperity. In my opinion far more convincing than what has been proposed by other authors on the topic, including Diamond, Bernstein and Landes.
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- Anonymous User
- 05-06-19
one of the most informative books I've encountered
I learnt a lot in this book. I didn't know much about why some countries were more successful than others, but this book makes a very strong case that I don't think I could refute, and I'd love to hear someone try.
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- David Mountain
- 10-04-19
Great summary and well researched
I really enjoyed this book which looked deep into the root causes of poverty and failure of nations to develop. Well researched and reasoned and its clear that corruption and extractive institutions destroy countries
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- Ahmed Shmela
- 12-10-18
I wish it continues for more than 15 chapters
Great book, very informative, fabulous theories. I loved listening to it, finished in less than a month.
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- cale
- 03-09-18
Helped me realise the reality of the world.
A most thorough history on prosperity and how a nations fortunes are shaped for either good or ill.
This book will be a cornerstone of my understanding of the world to come for decades.
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- Oli
- 02-08-18
Outstanding!
Worth every penny if you are interested in geopolitical literature, great case studies and well presented throughout.
Performance was also first class! Highly recommended!!