The Mystery Of Capital book cover

The Mystery Of Capital by Hernando de Soto Summary

The Mystery Of Capital
Hernando de Soto
3.99 (4353 Reviews)
Economics
Business
Finance
Panoramica
Punti Chiave
Autore
Domande Frequenti

Overview of The Mystery Of Capital

Why does capitalism fail outside the West? De Soto's revolutionary bestseller - translated into 20+ languages - reveals the hidden power of property rights. Bill Clinton called him "the world's most important living economist" for unlocking how the poor could generate $9.3 trillion in untapped capital.

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Punti chiave

1

The World's Best-Kept Secret About Poverty

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Here's a fact that might reshape everything you thought you knew about global poverty: the world's poorest people collectively own assets worth over $9.3 trillion-twice the entire U.S. money supply, nearly equal to the value of all companies listed on the world's top twenty stock exchanges. Yet they remain poor. How is this possible? The answer lies in what happens when wealth exists but cannot be used as wealth-when a house worth $100,000 might as well be worth nothing because it cannot secure a loan, cannot be sold beyond your immediate neighborhood, cannot be leveraged to start a business. This is "dead capital," and understanding why it exists reveals the hidden architecture that makes Western prosperity possible while leaving billions behind.

2

Why Assets Don't Equal Wealth

3

The Invisible Infrastructure of Prosperity

4

America's Forgotten Revolution

5

The Real Barriers to Formalization

6

The Political Will to Change

7

The Unfinished Revolution

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

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117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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comments
254
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"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

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@OojasSalunke
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

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likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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star
star
star
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
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12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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96
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4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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"It is great for me to learn something from the book without reading it."

@OojasSalunke
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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37
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483

"Makes me feel smarter every time before going to work"

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