Economia
"Every set of extractive institutions is extractive in its own way, while all sets of inclusive institutions are inclusive in pretty much the same way. For example, ancient Rome ran on slavery; Russia on serfdom, Imperial China strictly limited domestic and foreign commerce; India depended upon hereditary castes; the Ottoman Empire relied on tax farming; Spanish colonies on indigenous labor levies; sub-Saharan Africa on slavery; the American South on slavery and later a form of racial apartheid not all that unlike South Africa’s; and the Soviet Union on collectivized labor and capital. The details of extraction differ but the institutions are organized to chiefly benefit elites.
"So why don’t extractive elites encourage economic growth? After all, growth would mean more wealth for them to loot. Acemoglu and Robinson show that the institutions that produce economic growth are inevitable threats to the power of reigning elites. The “key idea” of their theory: “The fear of creative destruction is the main reason why there was no sustained increase in living standards between the Neolithic and Industrial revolutions. Technological innovation makes human societies prosperous, but also involves the replacement of the old with the new, and the destruction of the economic privileges and political power of certain people.” Thus throughout history reactionary elites naturally resisted innovation because of their accurate fear that it would produce rivals for their power."
Mais
- Lideranças Que Incluem, Lideranças Que Excluem
Ainda a propósito do que escrevi aqui (só para assinantes) sobre quadro de valores de algumas das nossas lideranças e de como são também responsáveis pelo que todos somos como sociedade vale a pena ler: * Dani Rodrik The battle is renewed:...
- O Estado De Bem-estar E Inovação
Cant We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World Daron Acemoglu MIT James A. Robinson Harvard Thierry Verdier Paris School of Economics September 2012. Abstract Because of their more limited...
- Crescimento Econômico – Extrativo Contra Inclusivo
The rise of China surely ranks among the most important world developments of the last 100 years. With America still trapped in its fifth year of economic hardship, and the Chinese economy poised to surpass our own before the end of this decade,...
- Os Fundamentos Do Crescimento Econômico
"A compelling and highly readable book. And [the] conclusion is a cheering one: the authoritarian ‘extractive’ institutions like the ones that drive growth in China today are bound to run out of steam. Without the inclusive institutions that first...
- A Origem Do Estado: Expropriação E Transparência Da Atividade Econômica
Interessante artigo que argumenta que a origem do estado está relacionada ao surgimento da agricultura, que torna a atividade econômica mais visível (e expropriável). Embora este argumento não seja novo, vale a pena ler o artigo pela boa mistura...
Economia
As causas da probreza
The Cure for Humanity's Natural State of Abject Poverty
A review of Why Nations Fail: The Origins of Power, Prosperity, and Poverty.
"Acemoglu and Robinson argue that since the Neolithic agricultural revolution, most societies have been organized around “extractive” political and economic institutions that funnel resources from the mass of people to small but powerful elites. Once they are on the gravy train, elites are naturally wary of economic growth since it could destabilize the social and political arrangements that make... them rich."Every set of extractive institutions is extractive in its own way, while all sets of inclusive institutions are inclusive in pretty much the same way. For example, ancient Rome ran on slavery; Russia on serfdom, Imperial China strictly limited domestic and foreign commerce; India depended upon hereditary castes; the Ottoman Empire relied on tax farming; Spanish colonies on indigenous labor levies; sub-Saharan Africa on slavery; the American South on slavery and later a form of racial apartheid not all that unlike South Africa’s; and the Soviet Union on collectivized labor and capital. The details of extraction differ but the institutions are organized to chiefly benefit elites.
"So why don’t extractive elites encourage economic growth? After all, growth would mean more wealth for them to loot. Acemoglu and Robinson show that the institutions that produce economic growth are inevitable threats to the power of reigning elites. The “key idea” of their theory: “The fear of creative destruction is the main reason why there was no sustained increase in living standards between the Neolithic and Industrial revolutions. Technological innovation makes human societies prosperous, but also involves the replacement of the old with the new, and the destruction of the economic privileges and political power of certain people.” Thus throughout history reactionary elites naturally resisted innovation because of their accurate fear that it would produce rivals for their power."
Mais
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- Lideranças Que Incluem, Lideranças Que Excluem
Ainda a propósito do que escrevi aqui (só para assinantes) sobre quadro de valores de algumas das nossas lideranças e de como são também responsáveis pelo que todos somos como sociedade vale a pena ler: * Dani Rodrik The battle is renewed:...
- O Estado De Bem-estar E Inovação
Cant We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World Daron Acemoglu MIT James A. Robinson Harvard Thierry Verdier Paris School of Economics September 2012. Abstract Because of their more limited...
- Crescimento Econômico – Extrativo Contra Inclusivo
The rise of China surely ranks among the most important world developments of the last 100 years. With America still trapped in its fifth year of economic hardship, and the Chinese economy poised to surpass our own before the end of this decade,...
- Os Fundamentos Do Crescimento Econômico
"A compelling and highly readable book. And [the] conclusion is a cheering one: the authoritarian ‘extractive’ institutions like the ones that drive growth in China today are bound to run out of steam. Without the inclusive institutions that first...
- A Origem Do Estado: Expropriação E Transparência Da Atividade Econômica
Interessante artigo que argumenta que a origem do estado está relacionada ao surgimento da agricultura, que torna a atividade econômica mais visível (e expropriável). Embora este argumento não seja novo, vale a pena ler o artigo pela boa mistura...