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Nations Fail

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Political Science
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Grossmont College
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WHY NATIONS FAIL 1
WHY NATIONS FAIL
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WHY NATIONS FAIL 2
Why Nations Fail
In the book Why Nations Fail, the authors are majorly trying to explain why some
countries are rich while others are poor.
According to Acemoglu and Robison, wealthy nations rely upon inclusive and uncorrupt
political and economic regimes. On the other hand, poor countries suffer because their
economics rely on exclusive regimes. Inclusive administrations permit people to give their
opinion in political and economic decision-making activities (Freire, 2012). Again, they provide
individuals the opportunity to access high-quality education and provide them with the freedom
to choose a profession of their preference. Incentive institutions also challenge individuals to be
creative, and this is essential since it avails a fairground for talents to provide their services to
benefit the general population. As a result, these countries end up becoming rich.
On the other hand, extractive regimes believe in extracting wealth from those who are not
part of them to stay in power (Freire, 2012). It leads to two classes of people within the society,
the elites, which are always repressive. Extractive institutions usually disincentive individuals
from partaking in the political and economic progress of their countries. These countries end up
poor.
I do agree with them. Allowing people to choose their career path and market guide
freely enables a country's economy to flourish. On the other hand, in extractive institutions,
individuals only care about upgrading their wealth status, which helps them stay in control. It
means no creativity, which is why these countries remain poor.

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WHY NATIONS FAIL 1 WHY NATIONS FAIL Student’s name Institution affiliation Class code Date of submission WHY NATIONS FAIL 2 Why Nations Fail In the book Why Nations Fail, the authors are majorly trying to explain why some countries are rich while others are poor. According to Acemoglu and Robison, wealthy nations rely upon inclusive and uncorrupt political and economic regimes. On the other hand, poor countries suffer because their economics rely on exclusive regimes. Inclusive administrations permit people to give their opinion in political and economic decision-making activities (Freire, 2012). Again, they provide individuals the opportunity to access high-quality education and provide them with the freedom to choose a profession of their preference. Incentive institutions also challenge individuals to be creative, and this is essential since it avails a fairground for talents ...
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