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 163
... 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.
... 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.
Page 169
... maps showing the boundaries of individual parcels ( where necessary prepare digital base maps to record boundary information ) C.1.5.2 Verify that maps showing individual parcels correspond with what is on the ground C.1.5.3 Enter the maps ...
... maps showing the boundaries of individual parcels ( where necessary prepare digital base maps to record boundary information ) C.1.5.2 Verify that maps showing individual parcels correspond with what is on the ground C.1.5.3 Enter the maps ...
Page 216
... 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 ...
... 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 ...
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