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Why Nations Fail: The Origins of Power, Prosperity, and Poverty, by Daron Acemoğlu

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It was a highly extractive system, with wealth flowing upward from the many peasants to the few lords.
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Why Nations Fail: The Origins of Power, Prosperity, and Poverty
Why Nations Fail: The Origins of Power, Prosperity, and Poverty
by Daron Acemoğlu
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