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The Great Degeneration: How Institutions Decay and Economies Die (2012) by Niall Ferguson (retail) [Dr Soc] epub

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  Niall Ferguson, "The Great Degeneration: How Institutions Decay and Economies Die" 
  English |
ISBN: 1846147328, 1846147433 | 2012 | 204 pages | EPUB| .5 MB
  
  The decline of the West is something that
has long been prophesied. Symptoms of decline are all around us today, it seems: slowing growth, crushing debts, aging
populations, anti-social behaviour. But what exactly is amiss with Western civilization? The answer, Niall Ferguson
argues, is that our institutions - the intricate frameworks within which a society can flourish or fail - are
degenerating. Representative government, the free market, the rule of law and civil society: these were once the four
pillars of West European and North American societies. It was these institutions, rather than any geographical or
climatic advantages, that set the West on the path to global dominance after around 1500. In our time, however, these
institutions have deteriorated in disturbing ways. Our democracies have broken the contract between the generations by
heaping IOUs on our children and grandchildren. Our markets are increasingly distorted by over-complex regulations that
are in fact the disease of which they purport to be the cure. The rule of law has metamorphosed into the rule of
lawyers. And civil society has degenerated into uncivil society, where we lazily expect all our problems to be solved by
the state. "The Degeneration of the West" a powerful - and in places polemical - indictment of an era of negligence and
complacency. While the Arab world struggles to adopt democracy, and while China struggles to move from economic
liberalization to the rule of law, Europeans and Americans alike are frittering away the institutional inheritance of
centuries. To arrest the degeneration of the West's once dominant civilization, Ferguson warns, will take heroic
leadership and radical reform. This book is based on Niall Ferguson's 2012 BBC Reith Lectures, which were broadcast
under the title "The Rule of Law and Its Enemies".
  
  
  
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