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 33
... Developing Countries TOTAL 1,611 38 % 619 124 105 2.16 4,743 1,859 372 316 6.48 191 39 % 175 15 13 0.26 4,934 1,934 387 329 6.74 Rural Area ( thousand ha ) Informality in Rural Areas RURAL Informal Rural Area ( % ) ( thousand ha ) ...
... Developing Countries TOTAL 1,611 38 % 619 124 105 2.16 4,743 1,859 372 316 6.48 191 39 % 175 15 13 0.26 4,934 1,934 387 329 6.74 Rural Area ( thousand ha ) Informality in Rural Areas RURAL Informal Rural Area ( % ) ( thousand ha ) ...
Page 86
... developing countries will have 5 million or more people , 12 with most living and working extralegally . The extralegal sector is omnipresent in the developing and former communist countries . New activities have emerged and gradually ...
... developing countries will have 5 million or more people , 12 with most living and working extralegally . The extralegal sector is omnipresent in the developing and former communist countries . New activities have emerged and gradually ...
Page 91
... developing a business . Far from being the cause of disarray , this system of extralegal law is the only way settlers have to regulate their lives and transactions . As a result , nothing could be more socially relevant to the way the ...
... developing a business . Far from being the cause of disarray , this system of extralegal law is the only way settlers have to regulate their lives and transactions . As a result , nothing could be more socially relevant to the way the ...
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