josh valentin’s Reviews > Why Nations Fail: The Origins of Power, Prosperity, and Poverty > Status Update

josh valentin
josh valentin is on page 124 of 529
♥︎ day 4/15 of me reading a chapter of why nations fail everyday until it's done :-)

This chapter talks about country-specific critical junctures that affect the formation of institutions… and I can’t help but think of People Power and the subsequent writing of the 1987 Constitution as ours.
Mar 08, 2025 10:14AM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty

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josh valentin
josh valentin is on page 96 of 529
♥︎ day 3/15 of me reading a chapter of why nations fail everyday until it's done :-) WE ARE SO BACK

Anyways a great introduction to a framework of inclusive and extractive institutions when it comes to politics and economics, as well as how they are intertwined. Less riveting compared to the previous chapters, because this was a nerd out. But wow the analysis holds up, especially here in the PH.
Mar 07, 2025 08:28AM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty


josh valentin
josh valentin is on page 77 of 529
♥︎ day 3/15 of me reading a chapter of why nations fail everyday until it's done :-)

took a knack off chapter 3 and couldn’t read bc i had quite the day but i liked the north and south korea part so far because it showed the relevance of property rights in econ development. also the gasp i had… is this book neoliberalism propaganda…
Jan 16, 2025 06:45AM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty


josh valentin
josh valentin is on page 70 of 529
♥︎ day 2/15 of me reading a chapter of why nations fail everyday until it's done :-)

the philippines is the best example for the THEORIES THAT DONT WORK chapter. the philippines is not poor because we are near the equator, which made us lazy, that the spaniards taught us shit values, and that made us and our leaders incomeptent. we are poor because our leaders are purposefully running the show wrong.
Jan 15, 2025 02:41AM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty


josh valentin
josh valentin is on page 45 of 529
♥︎ day 1/15 of me reading a chapter of why nations fail everyday until it’s done :-)

firm believer (as an institutionalist) of how political institutions affect economic development and im glad for the unpacking as to how this system was built in the americas
Jan 14, 2025 07:41AM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty


josh valentin
josh valentin is on page 45 of 529
♥︎ day 1/15 of me reading a chapter of why nations fail everyday until it’s done :-)

firm believer (as an institutionalist) of how political institutions affect economic development and im glad for the unpacking as to how this system was built in the americas
Jan 14, 2025 07:41AM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty


josh valentin
josh valentin is on page 20 of 529
a book about current systemic failure with praise from THE ECONOMIST, THE NEW YORK TIMES and a finalist of the GOLDMAN SACHS BUSINESS BOOK OF THE YEAR AWARD? i literally cannot wait to see what this book is about.
Oct 08, 2024 11:01PM
Why Nations Fail: The Origins of Power, Prosperity, and Poverty


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josh valentin The chapter discusses what happens when the juncture does not promote centralizing power of government in order for the political and economic institutions to become inclusive. In fear of being extractive, our constitution, and the reforms it has introduced, unfortunately is just too loose that it lacks centralizing power towards restricting extractive political and economic practices. I think about what would’ve happened if the framers of our constitution restricted extractive methods more, instead of being all nice about it. We could’ve been at least more authoritarian against extractive political and economic institutions, and then relaxed once we reaped the fruits… but alas, our revolution was a revolution of peace and kindness and love. And we have to face that it has consequences.


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