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 90
... associations , farming conventions , small merchant associations , small business organizations , micro - entrepreneurial communities , transport federations , miners ' claim clubs , agrarian reform beneficiaries , private housing ...
... associations , farming conventions , small merchant associations , small business organizations , micro - entrepreneurial communities , transport federations , miners ' claim clubs , agrarian reform beneficiaries , private housing ...
Page 143
... Associations The claim associations of the American Midwest were originally formed by settlers to protect their rights against speculators or claim jumpers . Two claim associations in Iowa , for example , agreed in their constitutions ...
... Associations The claim associations of the American Midwest were originally formed by settlers to protect their rights against speculators or claim jumpers . Two claim associations in Iowa , for example , agreed in their constitutions ...
Page 144
... association ] always had one or more witnesses at hand to testify to the validity of the interest they asserted.112 These associations provided their own strict and primitive justice . A local minister once asked an association member ...
... association ] always had one or more witnesses at hand to testify to the validity of the interest they asserted.112 These associations provided their own strict and primitive justice . A local minister once asked an association member ...
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