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 64
... property document that establishes your rights to prin- cipal and interests . To repeat : money presupposes property . As the eminent German economists Gunnar Heinsohn and Otto Steiger point out , ' Money is never created ex nihilo from ...
... property document that establishes your rights to prin- cipal and interests . To repeat : money presupposes property . As the eminent German economists Gunnar Heinsohn and Otto Steiger point out , ' Money is never created ex nihilo from ...
Page 109
... property rights . My primary concern , however , was not property rights per se , but ' meta - rights ' - access or rights to property rights . While we had many subjects of mutual interest , such as how to re- engineer a record ...
... property rights . My primary concern , however , was not property rights per se , but ' meta - rights ' - access or rights to property rights . While we had many subjects of mutual interest , such as how to re- engineer a record ...
Page 169
... property rights in the extralegal sector C.1.1 Design mechanisms to obtain the massive participation of the members ... rights are valid under the new law C.1.6.3 Enter the ownership information into the computer system C.1.6.4 ...
... property rights in the extralegal sector C.1.1 Design mechanisms to obtain the massive participation of the members ... rights are valid under the new law C.1.6.3 Enter the ownership information into the computer system C.1.6.4 ...
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