The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere ElseWhy 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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Page 31
... Peru amounts to some $ 74 billion . This is five times the total valuation of the Lima Stock Exchange before the ... Peru's formal economy has also been stunted by the traditions of the ancient Inca Empire , the corrupting influ- ence of ...
... Peru amounts to some $ 74 billion . This is five times the total valuation of the Lima Stock Exchange before the ... Peru's formal economy has also been stunted by the traditions of the ancient Inca Empire , the corrupting influ- ence of ...
Page 95
... Peru ( Cuerpo Técnico de Tasaciones del Perú ) , while the value of land in the formal sector of Lima averages some US $ 50 per square metre , in the area of Gamarra , where a great deal of Peru's informal manufacturing sector resides ...
... Peru ( Cuerpo Técnico de Tasaciones del Perú ) , while the value of land in the formal sector of Lima averages some US $ 50 per square metre , in the area of Gamarra , where a great deal of Peru's informal manufacturing sector resides ...
Page 244
... Peru , 1995 11 times greater than the capital of the largest public enterprises in Peru that could be freed through privatization 14 times greater than the value of direct foreign investment in Peru up to 1995 Figure A.2 Perú ...
... Peru , 1995 11 times greater than the capital of the largest public enterprises in Peru that could be freed through privatization 14 times greater than the value of direct foreign investment in Peru up to 1995 Figure A.2 Perú ...
Contents
The Five Mysteries of Capital | 1 |
2 The Mystery of Missing Information | 14 |
How Much Dead Capital? | 27 |
Copyright | |
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Adam Smith advanced nations American apartheid bell jar buildings capitalist cent cities citizens claim associations Claim Clubs colonial Congress create capital dead capital developing and ex-communist developing and former developing countries élites enforce entrepreneurs ex-communist countries extralegal arrangements extralegal property extralegal sector extralegal social contracts formal law formal property system former communist countries former communist nations fungible global Haiti Hernando de Soto housing Ibid illegal institutions integrated investment land lawyers legal property system legal system live maps Marx ments Michel Foucault migrants million miners Office official law organizations owners ownership Peru political politicians poor population Port-au-Prince problem procedures production property arrangements property law property representations property rights protect real estate records reform Registry Revolution rules rural settlements settlers shanty towns society squatters squatting statutes surplus value Third World Tomahawk Rights transactions United urban West Western World and former