Summary of The 6 Killer Apps of Prosperity

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

The 6 Killer Apps of Prosperity summary
Start getting smarter:
or see our plans

Rating

7

Qualities

  • Controversial
  • Eye Opening
  • Well Structured

Recommendation

How have Westerners dominated the global economy for several centuries? And is this dominance ending? Harvard professor Niall Ferguson explores these questions in this intelligent TED Talk. He attributes the West’s success not to imperialism or geography as some experts propose, but to “six killer apps,” or differentiating philosophies. getAbstract believes Ferguson’s presentation will ignite discourse among economists, anthropologists and historians.

About the Speaker

Niall Ferguson is a professor of history at Harvard University.

 

Summary

What caused “the Great Divergence,” the moment when the West surpassed the rest? In 1500, the 10 Western nations that later became empires accounted for only 5% of the world’s geography and 20% of its income. By 1913, these empires, plus North America, possessed 58% or the land and produced nearly 75% of global economic output. Experts often cite imperialism as the reason for Western success. Yet the Ottoman and Mughal empires failed to produce such dominance, and decolonization was widespread by the 1970s, when the Great Divergence reached its pinnacle. Nor does geography offer a tenable explanation. The division of Germany into East and West, and Korea into North and South, provided two “natural experiments.” Although each...


More on this topic

By the same author

The Coming Generation War
8
The Square and the Tower
8
Civilization
9
High Financier
8
The Ascent of Money
9
Empire
9
The Cash Nexus
8

Customers who read this summary also read

How the West Can Adapt to a Rising Asia
7
Is War Between China and the US Inevitable?
9
Capitalism Isn’t an Ideology – It’s an Operating System
8
How Africa Is Becoming China’s China
8
A Free World Needs Satire
8
The Power to Think Ahead in a Reckless Age
8

Related Channels

Comment on this summary