Quotes About Power
When the barons and local elites recognize that political power will be increasingly more centralized and that this process is hard to stop, they will make demands to have a say in how this centralized power is used.
~ Daron AcemoÄŸlu
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Indeed, even though Santa Ana was president in Mexico, large parts of the country were not under his control, which enabled the annexation of Texas by the United States.
~ Daron AcemoÄŸlu
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Though Mexico had constitutions in the nineteenth century, they put few constraints on what Iturbide, Santa Ana, and Díaz could do. These men could be removed from power only the same way they had attained it: by the use of force. D
~ Daron AcemoÄŸlu
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If these rulers would only get the right advice from the right advisers, the thinking goes, prosperity would follow.
~ Daron AcemoÄŸlu
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But dominance doesn't just originate from brute force or threats of violence. Any relation of unequal power, whether enforced by threats or by other social means, such as customs, will create a form of dominance, because it amounts to being
~ Daron AcemoÄŸlu
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tienen el poder toman decisiones que crean pobreza. No lo hacen bien, no porque se equivoquen o por su ignorancia, sino a propósito.
~ Daron AcemoÄŸlu
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Madison sostuvo que las Constituciones debían diseñarse de modo que «debe hacerse que la ambición contrarreste a la ambición».
~ Daron AcemoÄŸlu
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Most important perhaps, in most of these cases there were enormous benefits from holding power. These benefits both attracted the most unscrupulous men, such as Stevens, who wished to monopolize this power, and brought the worst out of them once they were in power. There was nothing to break the vicious circle. N
~ Daron AcemoÄŸlu
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The people who suffer from the extractive economic institutions cannot hope for absolutist rulers to voluntarily change political institutions and redistribute power in society. The only way to change these political institutions is to force the elite to create more pluralistic institutions.
~ Daron AcemoÄŸlu
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absolute power corrupts absolutely.
~ Daron AcemoÄŸlu
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Perón, Chávez, and dozens of other strongmen in Latin America are just another facet of the iron law of oligarchy, and as the name suggests, the roots of this iron law lies in the underlying elite-controlled regimes.
~ Daron AcemoÄŸlu
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Under inclusive economic institutions, wealth is not concentrated in the hands of a small group that could then use its economic might to increase its political power disproportionately. Furthermore, under inclusive economic institutions there are more limited gains from holding political power, thus weaker incentives for every group and every ambitious, upstart individual to try to take control of the state.
~ Daron AcemoÄŸlu
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Thomas Hobbes saw things in the 1640s, as the English Civil War was raging, when he argued that people should "submit their Wills" to an all-powerful state, a Leviathan, which would then provide security and prosperity.
~ Daron AcemoÄŸlu
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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.
~ Daron AcemoÄŸlu
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It is impossible to understand many of the poorest regions of the world at the end of the twentieth century without understanding the new absolutism of the twentieth century: communism.
~ Daron AcemoÄŸlu
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The Communist economic institutions were in turn supported by extractive political institutions, concentrating all power in the hands of Communist parties and introducing no constraints on the exercise of this power. Though these were different extractive institutions in form, they had similar effects on the livelihoods of the people as the extractive institutions in Zimbabwe and Sierra Leone.
~ Daron AcemoÄŸlu
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The rulers of the Soviet Union would have had to abandon extractive economic institutions, but such a move would have jeopardized their political power. Indeed, when Mikhail Gorbachev started to move away from extractive economic institutions after 1987, the power of the Communist Party crumbled, and with it, the Soviet Union. T
~ Daron AcemoÄŸlu
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poor countries are poor because those who have power make choices that create poverty.
~ Daron AcemoÄŸlu
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While in England the profits of the slave trade helped to enrich those who opposed absolutism, in Africa they helped to create and strengthen absolutism. Farther
~ Daron AcemoÄŸlu
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Conflict over income and power, and indirectly over institutions, is a constant in all societies. This conflict often has a contingent outcome, even if the playing field over which it transpires is not level. The outcome of this conflict leads to institutional drift. But this is not necessarily a cumulative process. It does not imply that the small differences that emerge at some point will necessarily become larger over time.
~ Daron AcemoÄŸlu
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Countries such as Great Britain and the United States became rich because their citizens overthrew the elites who controlled power and created a society where political rights were much more broadly distributed, where the government was accountable and responsive to citizens, and where the great mass of people could take advantage of economic opportunities.
~ Daron AcemoÄŸlu
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While part of the appeal of authoritarian growth comes as a reaction to the Washington consensus, perhaps its greater charm—certainly to the rulers presiding over extractive institutions—is that it gives them free rein in maintaining and even strengthening their hold on power and legitimizes their extraction.
~ Daron AcemoÄŸlu
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Liberty needs the state and the laws. But it is not given by the state or the elites controlling it. It is taken by regular people, by society. Society needs to control the state so that it protects and promotes people's liberty rather than quashing it like Assad did in Syria before 2011. Liberty needs a mobilized society that participates in politics, protests when it's necessary, and votes the government out of power when it can.
~ Daron AcemoÄŸlu
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In the words of a Chinese economist, "Big state companies can get involved in huge projects. But when private companies do so, especially in competition with the state, then trouble comes from every corners [sic].
~ Daron AcemoÄŸlu
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