oter
Audio available in app

Institutional change is difficult but not impossible from "summary" of Why Nations Fail by Daron Acemoglu,James A. Robinson

Institutional change is a formidable challenge, as it involves altering established norms, rules, and practices that have often been in place for a long time. These institutions are deeply ingrained in society and can resist change due to the interests and power of those who benefit from the status quo. The inertia of existing institutions can make it seem almost impossible to bring about meaningful change. However, history has shown us that institutional change is not entirely out of reach. While it may be difficult, it is not an insurmountable obstacle. There have been instances where societies have managed to overhaul their existing institutions and pave the way for progress and development. These success stories serve as examples of the potential for change, even in the face of entrenched interests ...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Embracing diversity leads to better decisionmaking
    Embracing diversity leads to better decisionmaking
    The principle that embracing diversity leads to better decision-making is crucial for organizations seeking to navigate the com...
    The old models of power are no longer sufficient in a rapidly changing world
    The old models of power are no longer sufficient in a rapidly changing world
    Power is a complex and multifaceted concept that has traditionally been understood in a specific way. The conventional view of ...
    Ordinary citizens bear the brunt of corruption
    Ordinary citizens bear the brunt of corruption
    The impact of corruption is not felt equally by all members of society. It is the ordinary citizens who suffer the most from th...
    Systems are shaped by numerous interactions
    Systems are shaped by numerous interactions
    Systems, whether biological, social, or technological, are not designed by a single genius or controlled by a centralized autho...
    Population growth impacts economic expansion
    Population growth impacts economic expansion
    In the process of economic growth, the expansion of the population plays a crucial role. As the population grows, so does the l...
    Never compromise on core principles
    Never compromise on core principles
    The core principles, the basic values, the moral imperatives, these are the foundation upon which we build our movements. They ...
    Monarchical rule undermines freedom
    Monarchical rule undermines freedom
    Monarchical rule, by its very nature, is a system that concentrates power in the hands of a single individual - the monarch. Th...
    Diminishing influence of nationstates
    Diminishing influence of nationstates
    The modern world is witnessing a profound shift in power dynamics, as the traditional authority of nation-states begins to wane...
    Influence of history on political thinking
    Influence of history on political thinking
    The study of political philosophy reveals the undeniable influence of history on political thinking. History serves as a vast r...
    Colonialism perpetuated extractive institutions
    Colonialism perpetuated extractive institutions
    Colonialism played a crucial role in shaping the institutions of many nations around the world. The European powers that coloni...
    oter

    Why Nations Fail

    Daron Acemoglu

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.