I believe that the political elite in Europe and United States allowed the establishment of inclusive political and economic institutions because they knew they never needed to exploit their people after the discovery of new continents with enough resources to loot. The key drivers to their development was: 1. The enslavement of Africans and Asians. Slave labor helped US and Holland become leading producers cotton and spices respectively. However, the writers try to hide this truth in this book.
2. The introduction of the system of colonialism in Africa and Americas which saw continuation of extreme exploitation of indigenous people and resources.