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In this, his classic book on the informal economy of Peru and the reasons why poverty can be a breeding ground for terrorists, Hernando De Soto describes the forces that keep people dependent on underground economies: the bureaucratic barriers to legal property ownership and the lack of legal structures that recognize and encourage ownership of assets. It is exactly these forces, de Soto argues, that prevent houses, land, and machines from functioning as capital does in the West--as assets that can be leveraged to create more capital. Under the Fujimori government, de Soto's Institute for Liberty and Democracy wrote dozens of laws to promote property rights and bring people out of the informal economy and into the legitimate one. The result was not only an economic boon for Peru but also the defeat of the Shining Path, the terrorist movement and black-market force that was then threatening to take over the Peruvian government. In a new preface, de Soto relates his work to the present moment, making the connection between the Shining Path in the 1980's and the Taliban today.
Synopsis
Examines the Peruvian underground economy and the efforts of the Institute for Liberty and Democracy, discussing the barriers to legal property ownership, the reasons why people become dependent on underground economies, and the terrorist threats made possible by poverty. Reprint. 20,000 first printing.
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Einleitungssatz
In the period since the Second World War, Peru has undergone the most far-reaching change in its history as a republic. Lesen Sie die erste Seite
Buchdeckel | Copyright | Inhaltsverzeichnis | Auszug | Stichwortverzeichnis | Rückseite
In the period since the Second World War, Peru has undergone the most far-reaching change in its history as a republic. Lesen Sie die erste Seite
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Format:Taschenbuch
Ich habe dieses Buch gekauft, weil ich es für eine wissenschaftliche Hausarbeit zu Hernando de Sotos Theorien gebraucht habe. Entgegen meiner Erwartungen war das Buch sehr leicht zu lesen. De Soto schafft es seine Theorie auch für den Laien verständlich zu machen. Allerdings bekommt man, je weiter man liest den Eindruck, dass er sehr dazu neigt sich zu wiederholen da er ständig nach dem Anführen von Beispielen wieder auf seine Theorie zu sprechen kommt, die im Ansatz schon mit wenigen Worten beschrieben werden kann. Trotz allem ein gelungenes Buch, dass ich ohne große Vorkenntnisse im Bereich der makroökonomischen Theorien zur Wirtschaftsproblematik in Unterentwickelten und ehemals kommunistischen Ländern ohne große Mühen lesen und verstehen konnte
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16 Rezensionen
25 von 26 Kunden fanden die folgende Rezension hilfreich
Where de Soto started - a brave statement
21. August 2004
Format:Taschenbuch
I love the little jibe provided within the title of Hernando de Soto's "The Other Path." It's a poke at "The Shining Path" (Sendero Luminoso), the Maoist Peruvian terrorist organization that wreaked havoc on de Soto's homeland beginning in 1980. de Soto's attempt in this book is to show that the more effective struggle is to make capitalism more efficient. To those who know de Soto's work, the solutions are well known: build a system of laws that allow one's residents to buy, sell and value property rights; and reduce the complexities and banalities of starting a business.
If you've read de Soto's master work "The Mystery of Capitalism," then there is no new news here. In fact, "The Other Path" will look out-of-date with its yellowing statistics. So why the five stars? As a testament to de Soto's bravery. Think about the guts it took for him to research and publish this book in Peru during the tumultuous and frightening period there. What a statement.
If you've read de Soto's master work "The Mystery of Capitalism," then there is no new news here. In fact, "The Other Path" will look out-of-date with its yellowing statistics. So why the five stars? As a testament to de Soto's bravery. Think about the guts it took for him to research and publish this book in Peru during the tumultuous and frightening period there. What a statement.
23 von 25 Kunden fanden die folgende Rezension hilfreich
A Devastating Critique of Centrally Planned Economies
30. September 2003
Format:Taschenbuch|Von Amazon bestätigter Kauf
The original version of this book was written in the mid-80's to offer the people and government of Peru specific suggestions to combat Sendero Luminoso by making it possible for ordinary people to have a productive and meaningful participation in the nation's economy. This new printing includes a preface written in 2002 that provides the context and history for non-Peruvian readers and gives some analysis of the successes of the suggested reforms under the Fujimori government.
The first part of the book is a detailed analysis of three sectors of the Peruvian economy: housing, transport, and trade (small manufacturing and retail primarily). In each of these, De Soto demonstrates how the barriers raised by regulation and legal process from both right and left wing governments in Peru have forced the majority of persons participating to do so in informal/illegal ways. The result is that formal activity bears the brunt of taxation and informals have little protection in terms of property rights, contractual instruments, and so on. The net result is that everyone is impoverished. This section of the book can be tough reading because of the amount of detail, but its necessary in order to understand the importance of the second half.
The second half suggests that the Peruvian situation is really the reemergence of mercantilism, not a market economy. De Soto then provides some suggestions to peacefully transitiont to a market economy, and convincing warnings that failure to do so will almost certainly result in a violent transition.
The points that De Soto makes are increasingly significant to non-Peruvians as societies like America have increasingly centralised economies. Ironically, the cover includes blurbs from both Presidents Bush and Clinton. One suspects that netiher of them actually read the book.
30 von 37 Kunden fanden die folgende Rezension hilfreich
De Soto as a modern day Adam Smith?
6. Juni 2003
Format:Taschenbuch
In many ways, I am disappointed that I read this book after reading de Soto's other book, "The Mystery Of Capital". Both this and his other book largely contain the same ideas, but "The Other Path" focuses more intently on de Soto's experiences in Peru rather attempting to answer a very broad question. Because "The Other Path" focuses on squarely on Peru, it can more completely chronicle how his ideas have been used to better the lot of poor Peruvians, and have contributed to the defeat of Sendero Luminoso.
I would have preferred it if the book did not purport to be a general answer to terrorism. While his ideas are very applicable with respect to Maoist revolutionaries attempting to (in theory) uplift the poor, they seem less relevant to "non-economic" terrorists, such as certain rich scions of Saudi families that fly airplanes into buildings, for example. But that is a minor point.
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