I'm reading "Why Nations Fail" at the moment and the core essence of the book is the differentiation between inclusive economic institutions and extractive economic institutions.
Now, I figured from the context of the book what those meant, but I can't seem to find a German term for both of them, even though I'm a native speaker.
I thought about things like:
But none of them really express those terms from the book correctly.
What would be the best German translation for this?
To clarify about the meaning of the words
inclusive economic insititutions: allow and encourage participation by the great mass of people in economic activities
extractive economic insititutions: remove the majority of the population from participation in political or economic affairs
If I would "translate" it to politics I'd probably compare it with pluralism/hegemony.