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The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor
 
 
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The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor (Paperback)

~ (Author) "Geography has fallen on hard times..." (more)
Key Phrases: industrial retardation, follower countries, pop internationalism, United States, World War, Adam Smith (more...)
3.4 out of 5 stars  See all reviews (172 customer reviews)

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Editorial Reviews

Amazon.com Review

Professor David S. Landes takes a historic approach to the analysis of the distribution of wealth in this landmark study of world economics. Landes argues that the key to today's disparity between the rich and poor nations of the world stems directly from the industrial revolution, in which some countries made the leap to industrialization and became fabulously rich, while other countries failed to adapt and remained poor. Why some countries were able to industrialize and others weren't has been the subject of much heated debate over the decades; climate, natural resources, and geography have all been put forward as explanations--and are all brushed aside by Landes in favor of his own controversial theory: that the ability to effect an industrial revolution is dependent on certain cultural traits, without which industrialization is impossible to sustain. Landes contrasts the characteristics of successfully industrialized nations--work, thrift, honesty, patience, and tenacity--with those of nonindustrial countries, arguing that until these values are internalized by all nations, the gulf between the rich and poor will continue to grow. --This text refers to an out of print or unavailable edition of this title.


From Publishers Weekly

Landes (Revolution in Time), Harvard professor emeritus of history, undertakes an economic and cultural history of the world during the past five centuries. His well-written, sometimes witty analysis is the kind of work one wants to pause over and reflect upon at each chapter before moving ahead. Landes's principal argument is that the richest nations continue to prosper while poorer nations lag behind because of their relative ability or inability to exploit science, technology and economic opportunity. In every case?from ancient China to modern Japan?he maintains this is largely the result of national attitudes about a myriad of cultural factors. Landes traces the story of England's industrial revolution and America's system of mass production as indicators of the West's superiority over the rest of the world. Some of his historical illustrations are thought-provoking: for example, the importance of air conditioning to the development of the New South in the U.S. and the impact of a lifetime of eating with chopsticks on the manual dexterity of Asia's microprocessing workers. Most of all, Landes stresses the importance of cultural values, such as a predisposition for hard work, open-mindedness and a commitment to democracy, in determining a nation's course toward wealth and power.
Copyright 1998 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Paperback: 658 pages
  • Publisher: W.W. Norton & Co. (May 1, 1999)
  • Language: English
  • ISBN-10: 0393318885
  • ISBN-13: 978-0393318883
  • Product Dimensions: 9.1 x 6.1 x 1.3 inches
  • Shipping Weight: 1.8 pounds (View shipping rates and policies)
  • Average Customer Review: 3.4 out of 5 stars  See all reviews (172 customer reviews)
  • Amazon.com Sales Rank: #69,588 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #24 in  Books > Nonfiction > Social Sciences > Sociology > Class
    #34 in  Books > History > Europe > Western
    #57 in  Books > Business & Investing > Economics > Development & Growth

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172 Reviews
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165 of 187 people found the following review helpful:
4.0 out of 5 stars The Big Question, March 8, 2003
By Omer Belsky (Haifa, Israel) - See all my reviews
(TOP 1000 REVIEWER)    (REAL NAME)      
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You and I are part of a fortunate minority. We are literate, we have access to phones and to the Internet, we are likely (save some unexpected disease or misfortune) to live to an old age. We are almost certainly belonging to what is known as 'The First World', or to small rich minorities within the rest of the world. Most people in this world do not have those privileges - we live in islands of fortune within an ocean of poverty. And professor Landes tries to understand why. He tries to find out what is special about Western civilization (and Japan) - why Japan and the West got rich while the rest of the world lagged behind, and most of it still does.

It is by the nature of such a book to be controversial, and Landes doesn't pull his punches; his approach is neoclassicist, although hardly a dogmatic one. He is rough on Postmodernists, Saidian Anti-Orientalists, French and Japanese protectionists, Spanish Roman Catholics, and many others. Among the reviews you'll read here, Landes irritates Catholics, third world enthusiasts, anti-Western intellectuals, extreme right wind Capitalists, anti-Japanese, and so on, and so on.

So, you've got controversy. But what is Landes actually saying? Well, in brief, Landes book focuses on three major reasons for Wealth/Poverty: Geography, Infrastructure, and Culture.

The discussion of Geography, early in the book, is at best half hearted. Some of the points seem valid - but you're always inclined to say 'On the other hand'. Are there really fewer diseases in Europe then in Africa? maybe, but transportation is easier. The black death annihilated a third of the European population in the 13th century. Does Heat makes labour harder and less efficient? I guess the builders of the Pyramids haven't heard Landes's thesis - or maybe hardships can be overcomming with whipping.

The best parts of the book deal with Infrastructure. In these, Landes has three main themes: Freedom, Capitalism and Science (Or, if you wish, Anarchy, Greed and Heresy).

Freedom allows people to do things. Landes portrayal of the centrally planned economies of ancient China, where the Emperor ruled everything, is powerful, and it seems to play a large role in the lack of initiative in China, despite the great achievements.

Capitalism, most noticeably in the form of Greed and Competition, drives people forward. Again, Landes comparison between the Chinese and the European Sea quests are enlightening. Europeans went in small ships, eager to outdo the competition and to come back making a fortune. The Chinese went with huge Ships, symbols of the empire rather than instruments of trade. They were unprofitable, victims of the ruler's whim, and, without a strong faction of interested merchants, had no chance of continuing throughout. Also interesting is that Europeans went looking for India and spices, while China was self-sufficient.

Science - Chinese science was much more sophisticated than European science back in the year 1,000. The Indians have invented the zero. But nowhere except in Europe did science work methodically, nowhere else was it progressive. Newton is famous of saying that he stood on the shoulder of giants - discoveries in China and the rest of the world were rarely followed up - gunpowder was discovered in China much before it was in Europe, but the Chinese never used it for weapons. In Europe, it became part of the war methods almost immediately. Landes discussions of clocks and glasses are particularly telling.

The Third Element - Culture - is the one with which I have the most trouble. Landes repeatedly attacks economists for discounting culture (for example in the last chapter, page 517 in my edition). He claims that they disregard it because it can't be quantified. Wrong. The reason Economists distrust culture is because it is such a 'one size fits all' argument. Japanese responds to the west was everything the Chinese should have done but didn't. ... Culture. Arab nations are stuck well behind everyone else, despite the great advantage they have in the shape of oil. ... Culture. Asians manage to pull themselves along, while most of the third worlders can't. ... Well, culture, again.

I'm not saying that Culture plays no part. Obviously it does. But it becomes an obstacle to understanding, and Landes can support it only with anecdotal evidence (a lovely and touching story of a Japanese woman), and unanswered question (Is Islam a cause for the suppression of women? maybe).

Despite this problem, this is a fascinating book. Yes, it is a little too pro-Western. The problem is really more one of emphasis than one of facts - in my view, Landes is pretty close the mark usually, but he much underestimates the responsibility of the West for African poverty. Something's are left relatively unexplained - the current fast rise of China, which might undertake the point Landes made about the vitality of Freedom

But ultimately, as Landes acknowledges, no one book can solve the question of poverty and wealth. The answer is necessarily multi-faceted. 'The Wealth and Poverty of Nations' (neat name, also) is a well-written and intelligent treatment of the question.

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26 of 26 people found the following review helpful:
3.0 out of 5 stars Superb historical overview, but it doesn't quite deliver..., July 22, 2001
By Hilde B (Norway) - See all my reviews
"The Wealth and Poverty of Nations: Why some are so rich and some are so poor" is a reflective, interesting, and a well-written book. The author possesses an amazing knowledge, both historical and geographical. While he is an academic and therefore at times goes into unnecessary detail or support of his arguments, he serves us the occasional entertaining anecdote, which makes this book both readable and funny.

To explain why the economic development in the world (from about 1500 to the present) has happened at different paces and with different degrees of success is not an easy task to undertake. To do so successfully is even harder.

Landes strongly advocates the point of view that cultural values, such as technology, thriftiness, work ethic, and women, are the primary factors of economic success or failure. I truly enjoyed reading the authors observations on the various cultures and their economic successes and failures (a little minus here is Landes tendency to lean on the cultural stereotype just a few too many times). I now have a better understanding for the importance of cultural values in the economic area. Why the UK fell behind the rest of Europe, or why China by deliberately choosing to isolate the country, lost their economical/technological jump-start on Europe. I also have a greater awareness of the effects of religion; that there can be little doubt that the religious-based repression/bias towards women will continue to slow the economic development and success of the societies in which this still occur.

There is an abundance of interesting and useful information in this book, and I did learn a lot of new facts from this book. Nevertheless, I am not sure that I am left with a better understanding of the key factors that drive economic success. I can't help feeling that I worked my way through the five hundred pages waiting for the "little extra" - that never came. So even if Landis handles the facts and analysis very well, I still miss is the one, grand theory that explains it all.

Bottom line, "The Wealth and Poverty of Nations: Why some are so rich and some are so poor" is a superb historical overview, but it doesn't quite deliver what it promises - the one theory that wraps up everything, and offers some insights to the question that we all ask ourselves: "Why some are so rich and some are so poor".

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89 of 101 people found the following review helpful:
4.0 out of 5 stars Interesting, even memorable, but probably misleading, January 31, 2001
By Peter J. Adams (Pittsburgh, PA United States) - See all my reviews
(REAL NAME)   
The object of this book is to survey and explain the fast or slow economic development of different parts of the world from about 1500 to the present. Landes mainly takes a regional perspective looking at Europe, Asia, Middle East, Latin America, and so on with some refinement to the national scale (e.g. China vs. Japan, Britain vs. Spain).

Landes strongly advocates the point of view that cultural values (work ethic, thriftiness, attitudes toward change, technology, women) are primary determinants of economic success or failure. Although many, including myself, find this thesis lacking and controversial, there is still an abundance of interesting and useful information in this book.

On the plus side, Landes offers a wealth of fascinating anecdotes, introductory information on the history of technology that was new to me, a clear and definite argument, and above all gives the reader some sense of the importance of culture in the economic realm. Although I personally feel that Landes overstates the importance of culture, the points he makes do have some validity and are generally under appreciated. Moreover, the author is remarkably fair minded for someone advocating a controversial thesis.

Don't be fooled by the reviewers that make fun of the author for suggesting that eating with chopsticks has given Asians manual dexterity that is advantageous to their high-tech manufacturing sector. In fairness to the author, this statement is a single sentence in a 500 page book and he immediately admits that most of his colleagues smirk when they hear it.

On the minus side, the author verges on severe cultural stereotypes a few too many times. The Asians are all thrifty and hard working while the Latins have been brain washed by the Catholic church. Landes more or less ignores several non-cultural challenges that poor countries face: unfair pressure from wealthy countries to open their markets, scarcity of capital & technology, a brain drain that leaves the best and brightest in the developed world. Finally, a remarkable failure is that Landes doesn't examine the idea that cultural values may be largely determined by the material & economic conditions of a country.

The book's writing style is casual and conversational, but sometimes unclear and confusing. Many times I was not sure exactly what the author meant and wished he had written a complete sentence instead of a short and vague phrase.

The bottom line is that the book is a worthy read. While not fully convincing, I found myself having a new appreciation for the importance of cultural values in the economic realm.

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Most Recent Customer Reviews

3.0 out of 5 stars interesting but mis-leading
This book is interesting but very disappointing/misleading at the same time, and even annoying sometimes. Read more
Published 1 month ago by Z. Ge

5.0 out of 5 stars Remarkable study of the industrial origins of wealth
This remarkable book asks why some nations are wealthy and others poor, why some nations developed industry and others didn't. Read more
Published 2 months ago by William Podmore

3.0 out of 5 stars Judge for yourself
I don't have much to say regarding this book I bought not too long ago. Most, if not all, of the negative comments on Amazon regarding Landes' book is mostly justified. Read more
Published 4 months ago by Daniel Wong

1.0 out of 5 stars Very disappointed!
I am extremely disappointed by this book. I wonder how a renowned scholar could write such a bad book. Read more
Published 7 months ago by SCF

1.0 out of 5 stars bigotry embedded in economics/history
I am struck by how a "respected" author can resort to flagrant bigotry of other cultures, specifically Arab-Muslim culture, e.g. reference to boys having "golden penises". Read more
Published 10 months ago by Sinan

1.0 out of 5 stars Worst book ever
We're reading this in my Business in World History class. The book makes me want to stab my eyes out and jump off of a sky scraper. Yay! :)
Published 13 months ago by Wilson Lee

2.0 out of 5 stars The historian who hates facts
The historian who hates facts

David Landes' The Wealth and Poverty of Nations is at once an impressive display of scholarship and a mortally flawed analysis of, as... Read more
Published 13 months ago by Sergei Soares

5.0 out of 5 stars Outstanding!
Landes provides an interesting and credible explanation of the differences in income/capita (now about 400:1, about 5:1 250 years ago) between the richest and poorest nations. Read more
Published 16 months ago by Loyd E. Eskildson

3.0 out of 5 stars Complementary readings to this book
There are already many good reviews to this book, so I will only suggest reading the following books in addition to this work on the vexing question of why Western countries have... Read more
Published 16 months ago by César González Rouco

5.0 out of 5 stars The Wealth and Poverty of Nations
A good and informative read, more so, the second time around. Landes, raises many excellent points for debate between socio-economics and cultural influences of peoples and their... Read more
Published 21 months ago by C. Butler

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