“The poor are not helpless victims” – Hernando de Soto
In yesterday’s interview about his new book, former NZ PM Mike Moore mentioned he was a chum of Hernando de Soto, and that de Soto in fact wrote his (Moore’s) introduction.
So who’s Hernando de Soto then? He’s a hero. A man who maintains “the poor are not helpless victims in need of rescue, but entrepreneurial people capable of pulling themselves out of poverty when left free to do so.” Here’s an introduction, a documentary from Free to Choose Media featuring Hernando de Soto which began airing in the US on October 8 [hat tip Free Agents Network]:
“Filmed on location from Latin America to Africa, The Power of the Poor demonstrates how free markets, individual freedom and especially the right to property can transform the poor into the most powerful resource in the world. At its heart is the potential triumph of capitalism as a system.”