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The Mystery Of Capital Why Capitalism Succeeds In The West And Fails Everywhere Else
     

The Mystery Of Capital Why Capitalism Succeeds In The West And Fails Everywhere Else

by Hernando De Soto, Hernando De Soto
 

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ISBN-10: 0465016146

ISBN-13: 9780465016143

Pub. Date: 09/01/1900

Publisher: Basic Books

"The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up the question that, more than any other, is central to one of the most crucial problems the world faces today: Why do some countries succeed at capitalism

Overview

"The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up the question that, more than any other, is central to one of the most crucial problems the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system, but in the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth. This persuasive book will revolutionize our understanding of capital and point the way to a major transformation of the world economy.

Product Details

ISBN-13:
9780465016143
Publisher:
Basic Books
Publication date:
09/01/1900
Pages:
288
Product dimensions:
6.44(w) x 9.52(h) x 0.97(d)
Lexile:
1460L (what's this?)

Related Subjects

Table of Contents


Chapter One: The Five Mysteries of Capital
Chapter Two: The Mystery of Missing Information
Chapter Three: The Mystery of Capital
Chapter Four: The Mystery of Political Awareness
Chapter Five: The Missing Lessons of U. S. History
Chapter Six: The Mystery of Legal Failure
Chapter Seven: By Way of Concluion

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