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 73
... institutions eventually absorb them into a networked property system that helps them produce surplus value . The people who migrate within their own countries are not being accom- modated in this way - at least not quickly enough ...
... institutions eventually absorb them into a networked property system that helps them produce surplus value . The people who migrate within their own countries are not being accom- modated in this way - at least not quickly enough ...
Page 168
... institutions that presently govern property rights or impinge upon their ability to generate surplus value . B.2.2 Design , obtain approval for , and put into operation agencies that will permit the rapid introduction of changes in the ...
... institutions that presently govern property rights or impinge upon their ability to generate surplus value . B.2.2 Design , obtain approval for , and put into operation agencies that will permit the rapid introduction of changes in the ...
Page 265
... institutions would tackle it . He also taught me how the right set of institutions could turn con- flicting positions into workable and profitable solutions . From my friend Bob Litan , of the Brookings Institution , I learned not only ...
... institutions would tackle it . He also taught me how the right set of institutions could turn con- flicting positions into workable and profitable solutions . From my friend Bob Litan , of the Brookings Institution , I learned not only ...
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