{"product_id":"the-mystery-of-capital-why-capitalism-triumphs-in-the-west-and-fails-everywhere-else-9780465016150","title":"The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else","description":"\u003cb\u003eA 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\" (\u003c\/b\u003e\u003ci\u003e\u003cb\u003eEconomist\u003c\/b\u003e\u003c\/i\u003e\u003cb\u003e)\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003e \"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 \u003ci\u003eThe Mystery of Capital\u003c\/i\u003e, 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? \u003cbr\u003e 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.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-82827\"\u003eHernando de Soto\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Basic Books\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/01\/2003\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 288\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.60lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 7.90h x 5.30w x 1.00d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9780465016150\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 0465016154\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS029000\"\u003eFree Enterprise \u0026amp; Capitalism\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS069020\"\u003eInternational | Economics \u0026amp; Trade\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS068000\"\u003eDevelopment | Economic Development\u003c\/a\u003e\u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eHernando de Soto\u003c\/b\u003e 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 \u003ci\u003eTime\u003c\/i\u003e 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. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e His previous book, \u003ci\u003eThe Other Path\u003c\/i\u003e, was a bestseller 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 \u003ci\u003eThe Mystery of Capital\u003c\/i\u003e. He lives in Lima, Peru.","brand":"Basic Books","offers":[{"title":"Default Title","offer_id":44489157837037,"sku":"9780465016150","price":28.48,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/files\/img_216a9de0-2a8e-420e-8f97-f2f189132949.jpg?v=1747493830","url":"https:\/\/sureshotbooks.com\/products\/the-mystery-of-capital-why-capitalism-triumphs-in-the-west-and-fails-everywhere-else-9780465016150","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}