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The Mystery of Capital
by Hernando De Soto
- New
- Paperback
- Condition
- New
- ISBN 10
- 0465016154
- ISBN 13
- 9780465016150
- Seller
-
Gilbertsville, Pennsylvania, United States
Payment Methods Accepted
About This Item
A renowned economist's classic book on capitalism in the developing world, showing how property rights are the key to overcoming poverty
"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 one of the most pressing questions 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 everything 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 extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.
"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 one of the most pressing questions 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 everything 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 extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy.
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Details
- Bookseller
- Janson Books (US)
- Bookseller's Inventory #
- M0719210000035
- Title
- The Mystery of Capital
- Author
- Hernando De Soto
- Format/Binding
- New
- Book Condition
- New New
- Quantity Available
- 1
- Binding
- Paperback
- ISBN 10
- 0465016154
- ISBN 13
- 9780465016150
- Publisher
- Basic Books
- Place of Publication
- New York, New York, U.s.a.
- Date Published
- July 8, 2003
Terms of Sale
Janson Books
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About the Seller
Janson Books
Biblio member since 2015
Gilbertsville, Pennsylvania
About Janson Books
Covers a broad range of fiction, biographies, general sciences with some concentration in a variety of biomedical and chemical science titles which reflect the owner's lifetime interests.