The Mystery of Capital among the Indigenous People of the Amazon

By EDWAR ENRIQUE ESCALANTE.
After his remarkable work through The Mystery of Capital, where his main thesis was the weakness of the property rights as the main cause for people to be poor and excluded from capitalism benefits around the world. Hernando de Soto has produced a hard challenge for the collective society lovers one more time. With no doubt the ideas described by De Soto were a stab for the left that thought to see a genesis of socialism in the Andean and Amazonian communities as the key engine to create a socialist regime in Peru and Latin America.
Why does capitalism triumph in the West and fails everywhere else? That was the question he tried to answer. The celebrated book by De Soto explained that poor people create business, get [Continue reading...]

The conflicts in Bagua these past couple of days were in response to an executive order which blocked any further legislation on a controversial decree. This decree basically opened up the Amazon to oil and lumber companies for exploitation, a move that the President of Peru, Alan Garcia has been planning since the signing of the Free Trade Agreement with the United States of America.
Alan Garcia’s Government has done a great job in alienating the Amazonian people, going as far as saying “These people aren’t first-class citizens who can say — 400,000 natives to 28 million Peruvians — ‘You don’t have the right to be here.’ No way. That is a huge error.” these are Garcia’s own words. Words of hate and words of what is now being called a [Continue reading...]

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