Why Capitalism Triumphs in the West and Fails Everywhere Else
by Hernando de Soto
He keeps saying the same thing over and over again: In the Third World and in former Communist countries, the poor have accrued a huge amount of capital, but they are unable to access this capital in the same way that people are in “the West.”
It is a very interesting book. I think it would be better if the author had a few examples besides real-estate, which stands in for capital throughout most of the book.