The Poor are the Solution, Not the Problem
R&L: In the first sentence of your book, The Mystery of Capital, you write, “The hour of capitalism’s greatest triumph is its hour of crisis.” The great triumph, of course, is capitalism’s victory munism. What is the great crisis? De Soto: Everyone had high expectations at the fall of the Berlin Wall, when we thought that the “end of history” was in sight because market economies would allow all to flourish, but now there is a general feeling of...