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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 Keynes's General Theory. But if the criteria for joining that exclusive club 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.' Donald Macintyre, The Independent

'Few people in Britain have heard of Hernando de Soto . . . but The Mystery of Capital has already led the cognoscenti to put him in the pantheon of great progressive intellectuals of our age.' Mark Leonard, New Statesman

'A crucial contribution. A new proposal for change that is valid for the whole world' - Javier Perez de Cuellar (Former Secretary United Nations) '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 *

The Mystery Of Capital