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 35
Page 39
... increase his productive powers immensely . Capital was to be the magic that would enhance productivity and create surplus value . " The quantity of industry ' , wrote Smith , ' not only increases in every country with the increase of ...
... increase his productive powers immensely . Capital was to be the magic that would enhance productivity and create surplus value . " The quantity of industry ' , wrote Smith , ' not only increases in every country with the increase of ...
Page 76
... increase their product- ivity through the beneficial effects of integrated property systems , ordinary people were able to specialize in ever- widening markets and to increase capital formation . BLIND SPOT I : Life outside the Bell Jar ...
... increase their product- ivity through the beneficial effects of integrated property systems , ordinary people were able to specialize in ever- widening markets and to increase capital formation . BLIND SPOT I : Life outside the Bell Jar ...
Page 98
... increasing urban population , disease and the inevitable difficulties of country people adapting to life in the city ... increase in ' rogues , vagabonds and thieves ' in the cities.24 - Instead of adapting to this new urban reality ...
... increasing urban population , disease and the inevitable difficulties of country people adapting to life in the city ... increase in ' rogues , vagabonds and thieves ' in the cities.24 - Instead of adapting to this new urban reality ...
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