Book Review: Why Nations Fail – The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson
This book tries to explain why some countries are prosperous while others are backward through the lenses of political and economic inclusivity.
Its effective-depiction of disparity and one that stay in the mind for longer is Nogales, a border town in the United States of America (USA) and Mexico, separated by a fence, but sharing the same people in terms of ancestry. Whereas the Mexican side is crime ridden, full of shanties and slums the USA side is the well-organized, well-built and economically and politically stable.
The book makes a case for economic and political inclusivity in institutions as to why some Nations have failed and others have prospered, Economic inclusive nations have a higher chance of prosperity, and indeed have prospered.
My only challenge to the authors is that one White superiority posturing where the economic sabotage of other parts of the world by the western states is downplayed.
For example, the book doesn’t touch much on the disruption USA and the United Kingdom (UK) do to other country’s economies through loans and wars. But boasts that UK and US (mostly founded by descendants of UK) are better off since they have been organized from around 1600s democratically.
This book has a weakness in accepting that the empires of the past i.e. some led by black men were far much better than any superpower we find in the world today.
On a scale of 1 to 5, 5 being the most likely, I would recommend a 3 for this book.
If you live in a so-called third world country or a developing country, you better read Confessions of an Economic Hitman by John Perkins rather than this White supremacy posturing.