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.
Results 1-3 of 42
I resent the characterization of such heroic entrepreneurs as contributors to the
problem of global poverty . They are not the problem . They are the solution . In
the years after the American Civil War a lecturer 34 THE MYSTERY OF CAPITAL
The fundamental problem for non - Western nations is not that people are moving
to urban centres , that garbage is piling up , that infrastructure is insufficient or
that the countryside is being abandoned . All of that happened in advanced ...
The fundamental problem that the latter face is not that people are invading and
clogging the cities , that public services are inadequate , that garbage is piling up
, that ragged children beg in the streets , or even that the benefits of ...
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?
16 other sections not shown