Globalization at the Crossroads features renowned Peruvian economist and author, Hernando de Soto. His twenty years of research show that economies prosper only in places where widespread personal property ownership exists—coupled with inclusive, efficient, and transparent business and property law.

This program demonstrates how the West successfully revolutionized its legal systems, property laws, and developed the modern corporation. Other nations that have instituted private property and business reforms, such as post-WWII Japan and present-day China, have seen their economies take off and their middle classes grow. Globalization is the new civilization. But unless we include the 80% of humanity currently excluded from the system, they will bring civilization down, as they have brought down other civilizations in the past.

Free To Choose Network

Globalization -- Economic aspects, Right of property, Law and economic development, International economic integration

Taylor, Jim (director), Brown, Roger (writer), Brown, Roger (producer), Matthews, Alison (narrator), Taylor, Jim (editor), Skinner, Thomas (writer), Chitester, Bob (executive producer), Free To Choose Media (producer), John Templeton Foundation (contributor)

00:56:13 (HH:MM:SS)

English

adult/continuing education, higher education, high school (grades 10-12), college

Name	Free To Choose Network
Role	publisher
Telephone	814-833-7107
Address	2002 Filmore Ave Erie, PA 16506
Email	[email protected]

2011-01-01

This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.

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