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 89
... housing for migrants and the poor . In Peru until the end of the 1980s , for example , government invest- ment in low - income housing hovered around 2 per cent of the housing investment in the extralegal sector . Including middle - class ...
... housing for migrants and the poor . In Peru until the end of the 1980s , for example , government invest- ment in low - income housing hovered around 2 per cent of the housing investment in the extralegal sector . Including middle - class ...
Page 90
... housing cooperatives , settlement organizations , residential boards , communal committees , beneficiary com- mittees in state - built housing , native communities , small farmers ' associations and village organizations . These ...
... housing cooperatives , settlement organizations , residential boards , communal committees , beneficiary com- mittees in state - built housing , native communities , small farmers ' associations and village organizations . These ...
Page 92
... housing ' : Such housing not only increases the housing stock within the country and provides relatively cheap housing but also pro- vides a large proportion of the urban population with an asset in which they can invest . This kind of ...
... housing ' : Such housing not only increases the housing stock within the country and provides relatively cheap housing but also pro- vides a large proportion of the urban population with an asset in which they can invest . This kind of ...
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