The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
By Hernando De Soto (2000)
Western thinkers have blamed this on everything from these countries' lack of sellable assets to their inherently non-entrepreneurial "mindset." In this book, Hernando de Soto proposes and argues another reason.
It's become clear by now the fall of the Berlin Wall and the collapse of communism in most places around the globe hasn't ushered in an unequivocal flowering of capitalism in the developing and postcommunist world. Western thinkers have blamed this on everything from these countries' lack of sellable assets to their inherently non-entrepreneurial "mindset." In this book, Hernando de Soto proposes and argues another reason.
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