The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else

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Black Swan, 2001 - 275 páginas
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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LibraryThing Review

Crítica de los usuarios  - 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. Leer comentario completo

LibraryThing Review

Crítica de los usuarios  - Akiyama - LibraryThing

Hernando de Soto is a Peruvian economist. In this book, he provides an answer to the question of "Why capitalism triumphs in the West and fails everywhere else". The answer is that in third-world ... Leer comentario completo

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Acerca del autor (2001)

Hernando de Soto is the founder and President of the Institute of Liberty and Democracy (ILD) in Lima, Peru, regarded by The Economist as the second most important think-tank in the world. He has also been an economist for GATT (now WTO), CEO of one of Europe's largest engineering firms, and as a governor of Peru's Central Reserve Bank. As President Alberto Fujimori's Personal Representative and Principal Advisor, he initiated Peru's economic reforms and played a leading role in modernizing its economic and political system. In 1993 de Soto drew up and negotiated the strategic plan that reversed Fujimori's coup d'etat and returned the country to electoral democracy. He and ILD are currently working in Asia, the Middle East, and Latin America on the practical implementation of the measures for bringing the poor into the economic mainstream introduced in The Mystery of Capital. He was recently listed by Time magazine as one of the five leading Latin American innovators of the twentieth century. His previous book, The Other Path, was published in more than ten languages and was a number one bestseller throughout Latin America.

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