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Hernando de Soto’s talk at UC Berkeley January 29, 2010

Posted by jasonized in event, ucberkeley.
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The Shining Path had cache because it protected to property rights of poor people in Peru—gave people a sense of security to their tenure

  • In cities then, 65% of people had control of land but no title
  • At the same time, a lot of people didn’t have business rights either—and so, a lot of liability

There were questions whether poor people in Peru even had beliefs in conventional land ownership

  • Turned out that communities had local knowledge and records of who owned what—so it wasn’t that people didn’t believe in formal conventions of land ownership

Formal titling destroyed Shining Path’s business—was an antiterror strategy at its heart (more…)