This chapter uses example to explore the possibilities and challenges of transition from extractive to inclusive institutional framework. I am very interested in the reacetion of our book club to this analysis. North, in his recent work, is pessimistic in his evaluation of the transition from natural state (extractive) to open access (inclusive) social order. In fact, my reading of his work leds me to believe it is more likely that the reverse would take place.
I wonder how convincing the examples in chapter 14 - Botswana, China, and the US South are as support for the mechanism of transition, which I continue to find murky and hard to articulate from my reading.
No comments:
Post a Comment