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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In Pennsylvania Scots - Irish settlers began moving into Indian lands as early as
1730 , and the Native Americans fought back . Colonial authorities repeatedly
warned the settlers ' against stealing the Indian's land , and by way of instruction
This led not only to court action that could not resolve the case , but to shooting
causing the deaths of five settlers in which the responsible marshal admitted that
he was ' not certain who fired first . Editorializing on the incident , the San ...
The combustible nexus of Mexican land grants , absentee owners and land -
hungry settlers and the absence of a federal law that could be enforced created
the immediate need for extralegal arrangements . Historians such as Pisani felt
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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