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This title in other editions

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

by

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

ISBN13: 9780465016150
ISBN10: 0465016154
Condition: Standard
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Synopses & Reviews

Publisher Comments:

"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 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 informal, extralegal ownership to a formal, unified legal property system. 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.

Review:

"A must read among the globalization jet set." Time

Review:

"The most intelligent book yet written about the current challenge of establishing capitalism in the developing world." The Economist

Review:

"The Mystery of Capital makes a powerful case....An important book." The Washington Post Book World

Synopsis:

From the most important economist in the Third World, a revolutionary and practical plan for transforming underperforming economies-based on the forgotten history of how wealth was created in the West.

About the Author

Hernando de Soto is President of the Institute for Liberty and Democracy (ILD), headquartered in Lima, Peru. He was named one of the five leading Latin American innovators of the century by Time magazine in its May 1999 issue on "Leaders for the New Millennium." De Soto played an integral role in the modernization of Peru's economic and political system as President Alberto Fujimori's Personal Representative and Principal Adviser. His previous book, The Other Path, was a best seller throughout Latin America and the U.S. He and ILD are currently working on the practical implementation of the measures for bringing the poor into the economic mainstream introduced in The Mystery of Capital. He lives in Lima, Peru.

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sophors_2010, February 6, 2009 (view all comments by sophors_2010)
It is an attractive article to read, I am curious what is the content inside?
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Product Details

ISBN:
9780465016150
Author:
Soto, Hernando De
Publisher:
Basic Books (AZ)
Author:
de Soto, Hernando
Author:
Soto, Hernando de
Location:
New York
Subject:
Economic Development
Subject:
Developing countries
Subject:
Capitalism
Subject:
Economics - Theory
Subject:
Free Enterprise
Subject:
International - Economics
Subject:
Economics - General
Subject:
Business Writing
Copyright:
Edition Description:
Trade Paper
Series Volume:
32
Publication Date:
20030831
Binding:
TRADE PAPER
Language:
English
Illustrations:
Yes
Pages:
288
Dimensions:
8 x 5.31 in 11 oz

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Related Subjects

Business » General
Business » Management
Business » Writing
History and Social Science » Economics » General
History and Social Science » Economics » Global Economics

The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else Used Trade Paper
0 stars - 0 reviews
$9.95 In Stock
Product details 288 pages Basic Books - English 9780465016150 Reviews:
"Review" by , "A must read among the globalization jet set."
"Review" by , "The most intelligent book yet written about the current challenge of establishing capitalism in the developing world."
"Review" by , "The Mystery of Capital makes a powerful case....An important book."
"Synopsis" by ,
From the most important economist in the Third World, a revolutionary and practical plan for transforming underperforming economies-based on the forgotten history of how wealth was created in the West.
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