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Ever wondered why some countries flourish while others struggle? 🤔 Despite similar resources and potential, the stark contrast between North and South Korea reveals a hidden truth: institutions matter. In this eye-opening episode, we dive deep into "Why Nations Fail" by Daron Acemoglu and James A. Robinson, exploring the critical difference between extractive and inclusive institutions. Discover how these systems shape our opportunities, limit our potential, and ultimately determine our economic destiny. From the stifling grip of extraction to the liberating power of inclusion, we'll uncover the historical evidence, real-world examples, and actionable insights that can empower us to build a more prosperous and equitable future. Don't miss this thought-provoking analysis of one of the most important books of our time! Want to learn more? Check out the book links in the description below👇 📖 Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu and James A. Robinson 👉 https://amzn.to/3XKfNax 📖 The Narrow Corridor: States, Societies, and the Fate of Liberty by Daron Acemoglu and James A. Robinson 👉 https://amzn.to/47jneZh #philosophy #motivation #life #selfimprovement #selfawareness #growth #freedom #democracy #money #wealth #history #economics #politics #society #culture #development #global #inequality #justice #opportunity #prosperity #success #mindset #knowledge #power #change #revolution #impact #future #southkorea #northkorea