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Hernando De Soto - Capitalism at Crossroads

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Jon Irenicus Posted: Tue, Nov 11 2008 9:31 PM

See here.

-Jon

To darkness I condemn you...

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*bump*

 

Good vid.

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Great video, very insightful.

...And nobody has ever taught you how to live out on the street, But now you're gonna have to get used to it...

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kiba replied on Wed, Nov 12 2008 8:35 PM

I think rich people in developed country who believed in socialism are more dangerous to capitalism than masses of poor people.

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DW89 replied on Wed, Nov 12 2008 9:59 PM

Great video, thanks for posting. Does anyone know more about Hernando de Soto's economic beliefs. I've heard his name many times and I know he's squarely in the pro-market camp, but would he be properly described as a moneterist?

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Stranger replied on Wed, Nov 12 2008 10:30 PM

DW89:

Great video, thanks for posting. Does anyone know more about Hernando de Soto's economic beliefs. I've heard his name many times and I know he's squarely in the pro-market camp, but would he be properly described as a moneterist?

He has written a book called The Mystery of Capital about property rights in third world slums, and how crushing bureaucracy prevents the rise of capitalist enterprise. (It takes about a year worth of labor to register a business in Haiti, for example.)

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