{"product_id":"the-mystery-of-capital-why-capitalism-triumphs-in-the-west-and-fails-everywhere-else","title":"The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else","description":"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)\n\n\"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?\nIn 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\u003eASIN: 0465016154\u003cbr\u003eVSKU: 4EKGRJ006YZ4_ns\u003cbr\u003eCondition: Acceptable\u003cbr\u003eAuthor\/Artist:Hernando De Soto\u003cbr\u003eBinding: Paperback\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: This copy has clearly been enjoyed—expect noticeable shelf wear and some minor creases to the cover. Binding is strong, and all pages are legible. May contain previous library markings or stamps.  \u003cbr\u003e","brand":"Dream Books Co.","offers":[{"title":"Default Title","offer_id":41364911358010,"sku":"4EKGRJ006YZ4_ns","price":4.39,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/6011\/0138\/files\/0465016154-0.jpg?v=1776188762","url":"https:\/\/shop.dreambooksco.com\/products\/the-mystery-of-capital-why-capitalism-triumphs-in-the-west-and-fails-everywhere-else","provider":"Dream Books Co.","version":"1.0","type":"link"}