The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
Why 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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... are hardly caused by a lack of advanced information and mapping technology .
Braudel's bell jar is made not of taxes , maps and computers but laws . What
keeps most people in developing and 163 THE MYSTERY OF LEGAL FAILURE.
C.1.5.1 Obtain or prepare maps showing the boundaries of individual parcels (
where necessary prepare digital base maps to record boundary information ) C.
1.5.2 Verity that maps showing individual parcels correspond with what is on the
Maps capture the physical information of assets but miss the big picture . Without
the pertinent institutional and economic information about extralegal
arrangements they cannot capture the reality outside the bell jar . They are thus
unable to do ...
What people are saying - Write a review
LibraryThing ReviewUser Review - Indrit - LibraryThing
I have had the privilege of meeting the Hernando de Soto back in 2006 while attending training at his Institute for Liberty and Democracy in Lima. I can count among those who have also implemented in ... Read full review
LibraryThing ReviewUser Review - ShadowBarbara - LibraryThing
Excellent overview of how we use property to create capital and how most of the world does not have a system for documenting ownership. Most people live in an extralegal system. Has recommendations for changing the systems so that real capitalism can work. Read full review
The Five Mysteries of Capital
The Mystery of Missing Information
How Much Dead Capital?
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