THEORIES THAT DON’T WORK
The lay of the land:
There are three main takeaways from this chapter.
1 To
understand world inequality, we have to understand why some societies are organized
in very inefficient and socially undesirable ways.
2 Poor
countries are poor because those who have power make choices that create
poverty. They get it wrong not by mistake or ignorance but on purpose as the that
England in the nineteenth century was also a very unhealthy place, but they tried
to change their condition not to stuck on those problems. Now England is the richest
country of the United Kingdom.
3 Achieving
prosperity depends on solving some basic political problems.it is undeniable
that political decisions, from the highest level down to the local level, has
much more significant impact on economy and society than even 100% discipline
from all people i.e., it doesn't matter if all people follow the rules if the
rules themselves only enrich a very small fraction of the population, every
will most likely stay in poverty and worsening conditions.
No comments:
Post a Comment