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Emre Poyraz asked this question about Why Nations Fail: The Origins of Power, Prosperity, and Poverty:
KARL, IS THAT YOU? I have not read the book yet. I was just browsing the reviews to see if I read the book. I am pretty surprised by how Marxist it all sounds. Inclusive economic institutions? Elites exploiting the masses? Historical determinism? Does this sound a lot like "Marxism without capitalism" or is it me?
Lalit Kumar This book is not a fan of Communism at all. In contrast, it has criticised Stalin, Mao in a crude manner. China was responsible for Black plague, I go…moreThis book is not a fan of Communism at all. In contrast, it has criticised Stalin, Mao in a crude manner. China was responsible for Black plague, I got to know about that in this book. Elites exploiting the masses is a reality even today. And the same doesn't happen in capitalist economies exclusively. China is a so called communist country but their population lives in an extremely exploitative atmosphere. The work culture is capitalist. Companies are capitalist. China is a bizarre country in itself. Book is not that great when it comes to delving into the topic. It has only touched upon all the topic and left it to conclude by the reader. (less)
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Why Nations Fail
by Daron Acemoğlu
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