Hernando De Soto - Capitalism at Crossroads

While most of the world would be improved by that sense of community, it's simply wrong to think that our current terrorism problem will be mitigated at all by inclusion. The whole reason these people are bombing the West is that we are trying to include the Middle East economically, and philosophically. It's the freedoms and opportunity that the West has been bringing to their countries that is setting off the fundamentalists. They see individualism and free thought as depravity.

This is MUST-SEE TV for transforming the world from impoverished people who have no way to get out of the hole that they've been kept in...to an empowered force of business where they can flourish! I'm an investor in Kiva (ck it out on the web)...and have found it very rewarding way of personally reaching these tiny businesses in the making.

I hope one day this guy would be the president of peru

Thank you for posting this. I hope that countries like Madagascar are able to learn from Peru's example (& listen to de Soto, of course).

Considered one of the best economist in the history Hernando de Soto from Peru.

Why did you believe that people in the 3rd world are not enough intelligent? :s

WHOA! i commented my thing nine months ago! that so cool and for real this is a good video, i hope you enjoy it most lots of good times love you!

I apologize, apparently the anglosaxons and french that settled in Canada are a bit brighter. Anyway, Greenspan and his policies were praised for at least 15 years and the "american" way of life even longer.
Bankers and politicians (elected or appointed) are not exaclty apologizing, are they?

Apologize isn't how they work, mostly because they think theyre still right. Wait until the $ index falls to 40, and gold is $2000+. There'll be a revolution as the old guard tries to get things "back to normal" and the have-nothings realize the entire paradigm has changed. No apologizing then either, because they won't be around anymore to camouflage the BS. Get ready for 20+ years of half-mast momentum. Learn to live modestly. The party's over.

More or less I agree with you, but the old guard doesnt have a lot of weapons left except real military weapons so I'm not sure what they can do. I think it'll be up to the 3 Asian giants (China Japan and South Korea) to decide how slowly the decline will move. The dollar seems to have magically estabilized against the euro but the people that are manipulating currencies may stop doing it if the oil barrel shoots up over 100 bucks again.
may you live in interersting times