Quotes About Institutions

Denominamos instituciones económicas extractivas a las que tienen propiedades opuestas a las instituciones inclusivas. Son extractivas porque tienen como objetivo extraer rentas y riqueza de un subconjunto de la sociedad para beneficiar a un subconjunto distinto.

Our brief review of the history of the Americas begins to give a sense of the forces that shape political and economic institutions. Different patterns of institutions today are deeply rooted in the past because once society gets organized in a particular way, this tends to persist. We'll show that this fact comes from the way that political and economic institutions interact. This

The powerful and the rest of society will often disagree about which set of institutions should remain in place and which ones should be changed.

La lección más importante que se puede aprender es que las instituciones extractivas no pueden generar un cambio tecnológico sostenido por dos razones: la falta de incentivos económicos y la resistencia por parte de las élites.

We will refer to political institutions that are sufficiently centralized and pluralistic as inclusive political institutions. When either of these conditions fails, we will refer to the institutions as extractive political institutions. There

Countries differ in their economic success because of their different institutions, the rules influencing how the economy works, and the incentives that motivate people.

but it also meant that there were checks within Parliament against any single group becoming too powerful and abusing its power. It was the critical factor in the emergence of pluralistic political institutions.

Inclusive economic institutions that enforce property rights, create a level playing field, and encourage investments in new technologies and skills are more conducive to economic growth than extractive economic institutions that are structured to extract resources from the many by the few and that fail to protect property rights or provide incentives for economic activity.

A broad coalition meant that there would be greater demands for the creation of pluralist political institutions. Without some sort of pluralism, there would be a danger that one of the diverse interests would usurp power at the expense of the rest.

Such critical junctures are important because there are formidable barriers against gradual improvements, resulting from the synergy between extractive political and economic institutions and the support they give each other. The persistence of this feedback loop creates a vicious circle. Those who benefit from the status quo are wealthy and well organized, and can effectively fight major changes that will take away their economic privileges and political power.

The process of economic growth and the inclusive institutions upon which it is based create losers as well as winners in the political arena and in the economic marketplace. Fear of creative destruction is often at the root of the opposition to inclusive economic and political institutions.

Political and economic institutions, which are ultimately the choice of society, can be inclusive and encourage economic growth. Or they can be extractive and become impediments to economic growth. Nations fail when they have extractive economic institutions, supported by extractive political institutions that impede and even block economic growth.

instituciones económicas inclusivas dieron a hombres de talento y visión como James Watt la oportunidad y el incentivo para desarrollar sus habilidades e ideas e influir en el sistema de manera que beneficiara a él y a la nación.

when people stop believing in their institutions, the government often gets toppled.

few governmental institutions are more misunderstood and feared out of ignorance than the Federal Reserve Board.

Democratic Development is a process of political struggle in which democrats work gains the upper hand in the society over non-democrats which directs aid at core political processes and institutions especially elections, political parties and politically oriented civil groups.

Subjects locked away in institutions and written off as casualties of peace.

Parliamentary democracy has flourished under party government. That is to say, it has flourished so long as there has been full freedom of speech, free elections, and free institutions. So we must beware of a tyranny of opinion which tries to make one side of a question the only one which may be heard.

Possibilities for women have become so open-ended that they threaten to destabilize the institutions on which a male-dominated culture has depended, and a collective panic reaction on the part of both sexes has forced a demand for counter images. The Beauty Myth

My films are therapy for my debilitating depression. In institutions people weave baskets. I make films.

Today it is the elites...those who control the international flow of money and information, preside over philanthropic foundations and institutions of higher learning, manage the instruments of cultural production and thus set the terms of public debate--that have lost faith in the values, or what remains of them, of the West.

By the time the genocide has ended, it is usually clear that the ordinary, integrative institutions of society remained centers of power during the killing and shared responsibility for it.

The most disastrous phenomenon of the current situation is the factor that imperialism is employing for its own ends all the powers of the proletariat, all of its institutions and weapons, which its fighting vanguard has created for its war of liberation.

There is a task to be accomplished which might be termed cosmic, and, sadly, individual cases cannot be taken into consideration. For those who succumb and become individuals, there exist institutions, charity, an understanding which does not discriminate between motives: our human live in short.