What are your hot takes on some of “The Great Books”, those considered part of the Western Canon. I'm not limiting it to the Enciclopedia Britannica volumes, you can talk about any of the renowned works on 19th and 20th century literature.
What are your hot takes on some of “The Great Books”, those considered part of the Western Canon. I'm not limiting it to the Enciclopedia Britannica volumes, you can talk about any of the renowned works on 19th and 20th century literature.
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The book's admittedly simplistic core thesis is that there are essentially two types of institutions: inclusive and extractive. Inclusive institutions are things like democratic government, freedom of expression, and market based economies. The idea being that the more people you have voluntarily participating in the institution, the better off the society is. More buy in and reward, the better off that society is. Take the US, it has its problems, but the institutions there evolved there because they existed to an extent in Great Britain. They also didn't have a resource like gold or silver, or an easily enslaveable native population to do what the Spanish did. As for corruption in the US, it's by the expansion of the franchise, the growing middle classes, and America's favorite past time: litigation.
Extractive institutions are set up to extract resources from a population to enrich a few. These are things like totalitarian government, slavery, colonialism in the broad sense. To the point of South America, India, and Africa. Those colonies were never set up to be self governing, they were set up with the explicit intent of extracting resources. So when the Brits/French/Spanish left, there was a massive power vacuum. To say it's only Whitey's fault is r-slurred though. People are people, the Ottomans were a perfect example of that, the kingdoms in Africa were the same thing. During the slave trade the things the African kings wanted most were guns and gunpowder so they could kill their neighbors. It's why a dictatorship is stable for about 40 years, until the dictator dies.
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I was just being glib, I wasn't trying to say the idea was it's whitey's fault.
However I think Argentina/Venezuela/Chile for instance absolutely could have succeeded economically had they not been through several rslur moments of their own making in the 1900s
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Also it seems like you can pick and choose extractive vs inclusive systems however you want. If Europe failed and China didn't he could easily say something like "this isn't surprising at all! Europe had 1500 years of entrenched feudal aristocracy while China allowed anyone to join their civil service system for longer"
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tsmt
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Oh absolutely. It also fits the narrative of the book. Typically one extractive institution is replaced with another. In South America you have the caudillos constantly fighting one another in the 19th century. In the late 19th and 20th, you get revolution due to the extractive nature of the governments, business, the US under the Roosevelt Corollary. I also recommend the revolutions podcast. Listing to that also helps show how rare a successful, stable revolution is.
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Rude
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