Melih

Melih

Melih

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Emrah Safa Gürkan
8.6/10 · 456 okunma
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Whether power corrupts is debatable, but Lord Acton was certainly right when he argued that absolute power corrupts absolutely.

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free media matters
Inclusive political institutions allow a free media to flourish, and a free media, in turn, makes it more likely that threats against inclusive economic and political institutions will be widely known and resisted. In contrast, such freedom is impossible under extractive political institutions, under absolutism, or under dictatorships, which helps extractive regimes to prevent serious opposition from forming in the first place.
Technological change is only one of the engines of prosperity, but it is perhaps the most critical one. The countries that did not take advantage of new technologies did not benefit from the other engines of prosperity, either.
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