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 41
Page 30
... live in housing that is dead capital . In Peru 53 per cent of city - dwellers and 81 per cent of people in the countryside live in extralegal dwellings . The figures are even more dramatic in Haiti and Egypt . In Haiti , also according ...
... live in housing that is dead capital . In Peru 53 per cent of city - dwellers and 81 per cent of people in the countryside live in extralegal dwellings . The figures are even more dramatic in Haiti and Egypt . In Haiti , also according ...
Page 91
... lives and transactions . As a result , nothing could be more socially relevant to the way the poor live and work ... live and work . The extralegal settlements the migrants inhabit may look like slums , but they are quite different ...
... lives and transactions . As a result , nothing could be more socially relevant to the way the poor live and work ... live and work . The extralegal settlements the migrants inhabit may look like slums , but they are quite different ...
Page 157
... live today in a world of para- doxes similar to the one described by G. Edward White : ' When the miner left his shack and went to work , he employed the latest in industrial technology . When the farmer stepped outside his sod shanty ...
... live today in a world of para- doxes similar to the one described by G. Edward White : ' When the miner left his shack and went to work , he employed the latest in industrial technology . When the farmer stepped outside his sod shanty ...
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