Thursday, February 3, 2011
How Corporations didn't save Egypt
If you're the kind of person who prefers thoughtful books to breathless media or blogger reports so as to understand events, the Economist offers an interesting review of a new book which tries to explain why the Muslim world is so far behind: The Long Divergence: How Islamic Law Held Back the Middle East. Apparently, it's not the Jews who did it to the downtrodden Arabs. It's the coincidence that medieval Islam didn't like corporations. Well, that's the short version. The book itself offers a longer one.