The Mystery of Capital is popular PDF and ePub book, written by Hernando De Soto in 2007-03-20, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Mystery of Capital can be Read Online from any device for your convenience.
The Mystery of Capital Book PDF Summary
A renowned economist argues for the importance of property rights in "the most intelligent book yet written about the current challenge of establishing capitalism in the developing world" (Economist) "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.
Detail Book of The Mystery of Capital PDF
- Author : Hernando De Soto
- Release : 20 March 2007
- Publisher : Basic Books
- ISBN : 9780465004010
- Genre : Business & Economics
- Total Page : 290 pages
- Language : English
- PDF File Size : 9,5 Mb
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