The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
Why does capitalism triumph in the West but fail almost everywhere else? Elegantly, and with rare clarity, Hernando de Soto revolutionizes our understanding of what capital is and why it does not benefit five-sixths of mankind. He also proposes a solution: enabling the poor to turn the vast assets they possess into wealth.
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In 1821 the Court declared Kentucky's occupancy law unconstitutional.83 The
case involved the heirs of large landowner John Green and Richard Biddle , a
squatter who had settled upon Green's land illegally . The disputed land had ...
These migrants wanted the courts to recognize their rights to the property they
had acquired . 87 Thus the political and judicial backlash to the Supreme Court's
decision in Green v . Biddle in Kentucky was a huge victory for the extralegals ...
Biddle.98 Paul Gates argues that ' no case decided by the Supreme Court had
been so completely overturned by state legislation and state courts , by failure of
the federal courts to make use of the case , and finally by the unchallenged act of
What people are saying - Write a review
LibraryThing ReviewUser Review - Indrit - LibraryThing
I have had the privilege of meeting the Hernando de Soto back in 2006 while attending training at his Institute for Liberty and Democracy in Lima. I can count among those who have also implemented in ... Read full review
LibraryThing ReviewUser Review - ShadowBarbara - LibraryThing
Excellent overview of how we use property to create capital and how most of the world does not have a system for documenting ownership. Most people live in an extralegal system. Has recommendations for changing the systems so that real capitalism can work. Read full review
The Five Mysteries of Capital
The Mystery of Missing Information
How Much Dead Capital?
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