Status Updates From De ce eșuează națiunile: Or...
De ce eșuează națiunile: Originile puterii, ale prosperității și ale sărăciei by
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Doruk Degerli
is on page 36 of 529
Mexico’s political instability&authoritarian leaders led to banking monopoly, so no competition and obv inaccessible financial institutions for many. The US being able to keep their politicians in check with elections killed the monopolistic state banking system attempt.
— 9 hours, 27 min ago
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Doruk Degerli
is on page 32 of 529
Napoleon’s activity over Spain led to Cortes laws, which caused an opposition/freedom movement from Latin American local elites, wow. A lot of political instability was caused by efforts to keep the colonial structure and institutions alive, making Mexico poorer. The US, though as imperfect as they were, somewhat had the distribution of that power through the seats, which paid off in the long run.
— 9 hours, 35 min ago
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