Landes' Conclusions in the Wealth and Poverty Term Paper

Open, View, and/or
Download this Document

Total Length: 1163 words ( 4 double-spaced pages)

Total Sources: 1

Page 1 of 4

Landes' Conclusions

In The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor, David S. Landes analyzes the distribution of wealth in his study of world economics. Landes writes that the key to the current inequality 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 extremely rich, while other countries failed to adapt and remained poor.

Landes concludes that the achievements of Western nations are rooted in culture, rather than just technology. Therefore, he believes they could have taken place nowhere else because technology itself is just a product of culture. The values that produced scientific and industrial progress also produced the entire culture of modernity. Because of these values, Landes says, Western civilization provided better for its people than any other.

The West grew with more wealth, more comfort, better health and nutrition, more enlightenment, and more liberty, for the overwhelming majority of people, than any other nation. The rest of the world did not embark on the modernist revolution until taught, or dominated, by the West, according to Landes.

Landes' approach to debating the topic of the wealth and poverty of nations is an interesting and convincing one. He studies the history of economic development over the last several decades to point out patterns in the development of the world's economy. He shows how European society encouraged technological and organizational innovations, which eventually let Europe surpass and dominate the rest of world.

However, in taking the historical approach, Landes fails to point out the reasons why some countries were able to industrialize and others were not, including factors like climate, and natural resources. Instead, he writes mostly about the reasons he believed that some nations were more successful.

Stuck Writing Your "Landes' Conclusions in the Wealth and Poverty" Term Paper?

View All Our Example Landes' Conclusions in the Wealth and Poverty Term Paper

Have A Custom Example Essay Written

His theory is that the ability to affect an industrial revolution is dependent on certain cultural and technical traits.

If these cultural traits do not exist, industrialization is impossible to sustain. Landes contrasts the traits of successfully industrialized nations, including work, thrift, honesty, patience, and tenacity, with those of non-industrial countries, pointing out that unless these values are internalized by all nations, the gap between rich and poor nations will continue to grow.

According to Landes, poverty throughout the world today is the result of failure on the part of political, religious, and mercantile elites to pass the test of maintaining or regaining independence from and assimilating the technologies demonstrated by the people from Europe -- merchants, priests, and thugs with guns of the past, and multinationals, international agencies, and people armed with cruise missiles of the present. He describes at length how Europe made money "on the backs of Amerindians, African slaves, indentured servants."

Landes draws attention to the fact that Spain ended up falling behind despite the wealth it received from overseas. Landes argues that this is because Spanish society discouraged new ideas and drove off valuable people who did not agree with the religious orthodoxy. Landes points out the similarities between colonial Spain and the present-day OPEC nations, both of which are unable to convert valuable resources into a long-term industrial infrastructure.

Landes argues that we cannot assume that all nations benefit from technology equally, as countries do not start out with the same advantages and disadvantages. It may be possible that a nation with substantial economic tools at its disposal will not need the same amount of technology to succeed and grow that….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Landes' Conclusions In The Wealth And Poverty" (2002, October 15) Retrieved July 1, 2025, from
https://www.aceyourpaper.com/essays/landes-conclusions-wealth-poverty-136637

Latest MLA Format (8th edition)

Copy Reference
"Landes' Conclusions In The Wealth And Poverty" 15 October 2002. Web.1 July. 2025. <
https://www.aceyourpaper.com/essays/landes-conclusions-wealth-poverty-136637>

Latest Chicago Format (16th edition)

Copy Reference
"Landes' Conclusions In The Wealth And Poverty", 15 October 2002, Accessed.1 July. 2025,
https://www.aceyourpaper.com/essays/landes-conclusions-wealth-poverty-136637
   

Open, View, and/or
Download this Document
order custom essay example