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About
Roger Martin

Roger Martin's Book Recommendations

Ex-Dean, Rotman School of Management, University of Toronto. Management Guru; author of several business books including Playing to Win (co-authored with AG Lafley).

The Mystery of Capital

by
About
The Book
Why do some countries succeed at capitalism while others fail? Contrary to the popular view that success is determined by cultural differences, de Soto finds that it has to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system. In the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth. This persuasive book will revolutionize our understanding of capital and point the way to a major transformation of the world economy.

The Mystery of Capital

by Hernando De Soto
About
The Book
Why do some countries succeed at capitalism while others fail? Contrary to the popular view that success is determined by cultural differences, de Soto finds that it has to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system. In the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth. This persuasive book will revolutionize our understanding of capital and point the way to a major transformation of the world economy.
What Roger Martin says

I love this book because it helped me understand that even experts can be blind to important features of their subjects. I have done a lot of work on country competitiveness, but if anybody had asked me in 2000 to name the top 100 conditions that underpin a thriving economy, I wouldn’t have mentioned ”a well-functioning land registry system.” Then I read de Soto’s compelling case that the ability to get clear title to a piece of land is the essential precondition for successful capitalism. That not only changed my view of economics, but it also taught me to never be too confident that I’m seeing the whole picture. You can’t see what you aren’t looking for — so get help from others who see things that you don’t!”