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Why Nations Fail - Wikipedia
Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a non-fiction book by Turkish-American economist of Armenian descent Daron Acemoglu from the Massachusetts Institute of Technology and British political scientist James A. Robinson from the University of Chicago.

The book applies insights from institutional economics, development economics and economic history to understand why nations develop differently, with some succeeding in the accumulation of power and prosperity and others failing, via a wide range of historical case studies.

The authors also maintain a website (with a blog inactive since 2014) about the ongoing discussion of the book.
pol.639  IPE  international  capitalism  state  Economics  politics  revolution 
6 hours ago by Jibarosoy
Reply to Acemoglu and Robinson’s Response to My Book Review — Jeffrey Sachs
Daron Acemoglu and James Robinson (AR) have replied to my review of Why Nations Fail that appeared in Foreign Affairs.  I thank them for their response, even if their tone was a bit surprising.  My initial review of their book was for a general readership, so I stayed away from the journal articles on which the book is based.  Their response provides the opportunity to delve more deeply into these underlying studies.
pol.639  IPE  Economics  development  Power_materials  state  capitalism 
6 hours ago by Jibarosoy
Special Investigative Report for the Museum of Capitalism "There's No Such Thing as a Free Watch"
"On July 2017, a visitor to the Museum of Capitalism
contributed a watch (from here on referred to as “our
watch”) to the museum’s artifact drive. In his form, he
noted that Folsom & Co., a supposedly San Francisco-based
company, used Instagram to offer the watch “free,” but
with $7 shipping."
capitalism  culture  internet  watch  economics  museum  art  fake 
yesterday by eugenexxv
Capitalism’s new crisis: after Carillion, can the private sector ever be trusted? | Politics | The Guardian
British company law does not require companies to declare any purpose when they incorporate: indeed, the whole British ecosystem is organised to put short-term financial priorities first, and all the other things that make a company great – its people, its relationship with its customers, its capacity to innovate, its declared reason for being – in second place. Bad economics married with Britain’s unique institutions delivered what we now have: a rogue form of capitalism.
Carillion  outsourcing  privatisation  PFI  publicServices  MajorJohn  NewLabour  Serco  G4S  Learndirect  capitalism  purpose  profits  short-termism  finance  dctagged  dc:creator=HuttonWill 
yesterday by petej
Post-work: the radical idea of a world without jobs | News | The Guardian
"The return of the drum solo may not be everyone’s idea of progress."
work  capitalism  labour  jobs  employment  culture 
3 days ago by Nachimir

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