The Mystery Of Capital
Why Capitalism Triumphs in the West and Fails Everywhere Else
$39.87
- Paperback
288 pages
- Release Date
7 December 2001
Summary
Beautifully and clearly written, this is a radical solution to the failure of capitalism in four-fifths of the world.
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 has failed to benefit four-fifths of mankind – and explains the solution.
“A revolutionary book … may not be in the class of Das Kapital, Adam Smith’s Wealth of Nations or Keyn…
Book Details
| ISBN-13: | 9780552999236 |
|---|---|
| ISBN-10: | 0552999237 |
| Author: | Hernando De Soto |
| Publisher: | Transworld Publishers Ltd |
| Imprint: | Black Swan |
| Format: | Paperback |
| Number of Pages: | 288 |
| Release Date: | 7 December 2001 |
| Weight: | 200g |
| Dimensions: | 18mm x 127mm x 197mm |
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Critics Review
‘A hugely persuasive and important book, the more so because of the moving simplicity of its central idea’
‘A hugely persuasive and important book, the more so because of the moving simplicity of its central idea’ * Daily Telegraph *
‘A crucial contribution. A new proposal for change that is valid for the whole world’ – Javier Perez de Cuellar, Ex Sect.General of the UN
‘A very great book…powerful and completely convincing’ – Ronald Coase, Nobel Laureate in Economics
‘One of the few new and genuinely promising approaches to overcoming poverty to come in a long time’ – Francis Fukuyama, author of The End of History
‘A revolutionary book…if the criterion is a capacity not only to change permanently the way we look at the world, but also to change the world itself, then there are good grounds for thinking that this book is surely a contender…thrillingly subvesive’ – Donald McIntyre * Independent *
‘Remarkable…no less than the blueprint for the new industrila revolution’ – Janet Bush * The Times *
Hernando De Soto
Hernando de Soto is the founder and President of the Institute of Liberty and Democracy (ILD) in Lima, Peru. He has also been an economist for GATT (now WTO), CEO of one of Europe’s largest engineering firms, and 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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