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. |
From inside the book
Results 1-3 of 29
Page 30
... cent of city - dwellers and 67 per cent of people in the countryside live in housing that is dead capital . In Peru 53 per cent of city - dwellers and 81 per cent of people in the countryside live in extralegal dwellings . The figures ...
... cent of city - dwellers and 67 per cent of people in the countryside live in housing that is dead capital . In Peru 53 per cent of city - dwellers and 81 per cent of people in the countryside live in extralegal dwellings . The figures ...
Page 69
... cent of GDP in Russia and Ukraine and a whopping 62 per cent in Georgia . The International Labour Organization reports that since 1990 85 per cent of all new jobs in Latin America and the Caribbean have been created in the extralegal ...
... cent of GDP in Russia and Ukraine and a whopping 62 per cent in Georgia . The International Labour Organization reports that since 1990 85 per cent of all new jobs in Latin America and the Caribbean have been created in the extralegal ...
Page 87
... cent of all real estate was held outside the law . According to most estimates , the extralegal sectors in the developing world account for 50 to 75 per cent of all working people and are responsible for one- fifth to more than two ...
... cent of all real estate was held outside the law . According to most estimates , the extralegal sectors in the developing world account for 50 to 75 per cent of all working people and are responsible for one- fifth to more than two ...
Contents
The Five Mysteries of Capital | 1 |
2 The Mystery of Missing Information | 14 |
How Much Dead Capital? | 27 |
Copyright | |
16 other sections not shown
Other editions - View all
Common terms and phrases
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