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 90
Page 117
... land for a long period without a title - ' squatting ' - was against the law . In the United States , with no initial resistance and many opportunities , squatting on available land quickly became a common practice . Squatting is older ...
... land for a long period without a title - ' squatting ' - was against the law . In the United States , with no initial resistance and many opportunities , squatting on available land quickly became a common practice . Squatting is older ...
Page 130
... Land Office , established in 1812 to survey , sell and register the public lands , could not do its job . Charged with confirming land patents sent in from the district offices , the new federal agency also had to oversee the record ...
... Land Office , established in 1812 to survey , sell and register the public lands , could not do its job . Charged with confirming land patents sent in from the district offices , the new federal agency also had to oversee the record ...
Page 131
... land scrip emerged that fuelled both squatting and speculation . For every hundred soldiers who received land scrip , eighty - four sold their rights in the black market – a situation similar to the one that occurs today in many ...
... land scrip emerged that fuelled both squatting and speculation . For every hundred soldiers who received land scrip , eighty - four sold their rights in the black market – a situation similar to the one that occurs today in many ...
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