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Why Nations Fail

The Origins of Power, Prosperity, and Poverty

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Why Nations Fail

Von: Daron Acemoglu, James A. Robinson
Gesprochen von: Dan Woren
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NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER • From two winners of the 2024 Nobel Prize in Economic Sciences, “who have demonstrated the importance of societal institutions for a country’s prosperity”

“A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don’t.”—The New York Times

FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award • ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer

Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Failshows, none of these factors is either definitive or destiny.
 
Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous 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 differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them:
 
• Will China’s economy continue to grow at such a high speed and ultimately overwhelm the West?
 
• Are America’s best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority?

*Includes a downloadable PDF of maps from the book

“This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond’s Guns, Germs, and Steel.”—BusinessWeek

 Geschäftsentwicklung & Unternehmertum International Politik & Regierungen Ökonomie
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Allowing individuals to take their own destiny in their hands and giving them the power to pursue allong the chosen path is the recipy for success. This is the basic thesis of the book and as such an "en vogue" book , let it be said with much more details, with more case studies and in a clear and consise language. A must to readers that are not yet familiar with these theories.

The title "why nations fail" however also express the shortcoming of the book. The obvious question: why nations only can fail and are not subject to creative destruction is never asked. For a five star rating I would have prefered a book with title "creative distruction of nations: a solution to poverty?".

Creative destruction of nations.

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Great narration! As for the book, it is an impressive historical summary of many countries and regions. Yet, while I totally agree with the main premise of the book - need for inclusive political and economic institutions, I think the book could do more on exploring the causes of such institutions. It is unclear why authors so aggressively criticize other theories of growth, as they could be helpful. Also some questions are left unanswered. For example, why should it be given that society with inclusive political institutions would never vote to restrict technological growth or economic openness? The case in point are new populist regimes in the U.S. and other countries.

good read

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Amazing politics-history mix
This is my first book about politics, and I love it

Politics and history

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The general premise of the book is pretty simple and is reiterated throughout the book, and yet it doesn't feel repetitive but rather thorough and detailed. I enjoyed reading and listening to this book.

The reader is also good, but I wish he had checked the pronunciation of the non-English names, at least the European ones.

A thorough and important book

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Interesting book with a lot of good points and a strong thesis.

The speaker does well, though some pronounciation is a bit dodgy. Though with that broad scope it is to be expected.

My only real problem is that, those points even with most of the examples could have been in about 50-70% of the actual length.

interesting, but a bit too long

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