Why Nations Fail by Daren Acemoglu and James Robinson

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This paper will focus on the arguments and themes presented by Daren Acemoglu and James Robinson in Why Nations Fail. It will serve as a book review by first summarizing the main elements covered by the authors and highlighting their arguments, and then it will analyze the power of the key arguments to clarify its presentation and finally, assess any weaknesses found. Why Nations Fail by Daren Acemoglu and James Robinson can be identified as a critique of developmental failure and successes around the globe. By first bringing up the twin towns of Nogales and comparing the living standards of both, the authors allow the audience to understand how much borders matter. By introducing this notion early in the book, it becomes easier to understand the objectives behind the historical examples introduced by the authors. The authors compare and contrast many historical examples such as the failure of the Mayan civilization and the success of the English when presenting their thesis that prosperity rests upon inclusive political foundations and centralised power. Their arguments revolve around global development and how nations have prospered differently because of their political differences within extractive governments and inclusive governments. Much of their ideologies seem to also hold a neo-liberal perspective.
The authors’ comparison of development patterns in nations across the globe are used to support their thesis that prosperity rests upon inclusive political foundations and centralised power. Inclusive political institutions limit yet broaden political power within democratic elections, constitutions, contract enforcement, property rights, competitive markets, freedom and rights for citizens and public services. Inclusive in...

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... to be as they are today. Lastly, their reference to current day Iraq lacks significance of the “shock and awe” by the Bush government. They used Iraq’s history to argue against the theory of modernization in which as neoliberals, they say “maintains all societies as they grow, which will head towards a more modern and civilized existence, and in particular toward democracy.” Though, the modernization theory still needs an actual success story.
Like most neoliberals though, Acemoglu and Robinson do not fail in providing a successful view on America colonization and the historical explanations provide a great backdrop to understanding different development patterns. Why Nations Fail is recommended for anyone who would like to research more on institutional differences across the globe and the impact institutions play on the overall growth of a nation.

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