|Mause I 107f
Institutions/Robinson/Acemoglu: From the second half of the 1990s onwards, an economic mindset has been established that deals with institutions as determinants of growth and development from a macro-perspective.
Robinson and Acemoglu distinguish between "extractive" and "inclusive" orders. The decisive point here is: Where political rule is monopolised, it is regularly in the interest of the rulers to specifically suppress innovations, because the "creative destruction" (Schumpeter) associated with it could destabilise not only economic sinecures, but also the rule of the political elite. (1)
1. Acemoglu, James A., and James A. Robinson, Why nations fail. The origins of power, prosperity, and poverty. New York 2012._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
James A. Robinson
James A. Acemoglu
Why nations fail. The origins of power, prosperity, and poverty New York 2012
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018