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Why Nations Fail
₨ 2,190
Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson explores the role that political and economic institutions play in shaping the fate of nations. The authors argue that inclusive institutions—those that provide a level playing field and promote participation—lead to prosperity, while extractive institutions, which concentrate power and wealth in the hands of a few, result in poverty. Drawing on historical and contemporary examples, the book examines how different nations’ political and economic structures have either fostered or hindered development. It challenges traditional explanations of wealth and poverty, offering a thought-provoking analysis of the root causes of inequality across the globe.
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