Some overdue posts.
Techno-feudalism
"Technology itself does not dictate the outcomes. Economic and political institutions do."
"The major part of [the] book... was devoted to descriptions
of the economic and social institutions that enable some countries to
operate near the technological frontier. The failure to establish such
institutions, or to operate them effectively, condemns most of the world
to levels of productivity and living standards far below what is
possible with existing knowledge and techniques."
