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 8
... representing assets with titles , are able to see and draw out capital from them . One of the greatest challenges to the ... represent the invisible potential that is locked into the assets we accumulate . At this very moment you are ...
... representing assets with titles , are able to see and draw out capital from them . One of the greatest challenges to the ... represent the invisible potential that is locked into the assets we accumulate . At this very moment you are ...
Page 192
... represent the agreement . Similarly , centuries before in Imperial Rome , Roman law provided that grass and branches were to be passed from hand to hand to represent the legal transfer of property rights . The Japanese , too , had their ...
... represent the agreement . Similarly , centuries before in Imperial Rome , Roman law provided that grass and branches were to be passed from hand to hand to represent the legal transfer of property rights . The Japanese , too , had their ...
Page 232
... representing them to our minds so that we can easily combine , divide and mobilize them to produce higher - valued mixtures . This capacity of property to represent aspects of assets in forms that allow us to recombine them so as to ...
... representing them to our minds so that we can easily combine , divide and mobilize them to produce higher - valued mixtures . This capacity of property to represent aspects of assets in forms that allow us to recombine them so as to ...
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