Why Nations Fail
Colegio de Estudios Superiores en Administracion
Sergio Uribe
Gobierno y Decisiones
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Jessica Bluhum Monroy
When the two American economist, Daron Acemoglu and James Robinson wrote Why Nations Fail: The Origins of Power, Prosperity, and Poverty, they simply tried to give society and answer that everyone does but no one seems to know the explanation: why some nations fail but other are successful?
As we saw on the last reading of Huntington, political institutions are the primary responsible for the economic growth and success in a nation, in the book Political Order in Changing Societies by the author Samuel P. Huntington is clearly expressed that countries like Great Britain and the United States had adaptable coherent political institutions as well as effective bureaucracies, organized political parties and a high degree of participation in public affairs. In the book Why Nations Fail its also expressed that this two countries have a successful economic state because people that live in this countries worried for the common benefit and fight for the economic and political rights that can lead them to a better situation, by fighting against the elites in a nation and avoiding this elites to control and take advantage of the money they create a society with appropriate politic and economical rights and this way they prevent that the nation fail and be poor.
Why Nations Fail explain the difference between the inclusive and extractive institutions, nations fail when their institutions are extremely economical and political extractive, when a nation has a power distribution tight, not very open, this is when nations fail, because this power is being taken by a small group of people and they are making them rich and rich thanks to all society. This unjust situation doesn’t happen when the political institutions have a well-distributed power and are pluralist in terms of having a close connection with the inclusive
Sergio Uribe
Gobierno y Decisiones
-------------------------------------------------
Jessica Bluhum Monroy
When the two American economist, Daron Acemoglu and James Robinson wrote Why Nations Fail: The Origins of Power, Prosperity, and Poverty, they simply tried to give society and answer that everyone does but no one seems to know the explanation: why some nations fail but other are successful?
As we saw on the last reading of Huntington, political institutions are the primary responsible for the economic growth and success in a nation, in the book Political Order in Changing Societies by the author Samuel P. Huntington is clearly expressed that countries like Great Britain and the United States had adaptable coherent political institutions as well as effective bureaucracies, organized political parties and a high degree of participation in public affairs. In the book Why Nations Fail its also expressed that this two countries have a successful economic state because people that live in this countries worried for the common benefit and fight for the economic and political rights that can lead them to a better situation, by fighting against the elites in a nation and avoiding this elites to control and take advantage of the money they create a society with appropriate politic and economical rights and this way they prevent that the nation fail and be poor.
Why Nations Fail explain the difference between the inclusive and extractive institutions, nations fail when their institutions are extremely economical and political extractive, when a nation has a power distribution tight, not very open, this is when nations fail, because this power is being taken by a small group of people and they are making them rich and rich thanks to all society. This unjust situation doesn’t happen when the political institutions have a well-distributed power and are pluralist in terms of having a close connection with the inclusive