"DON'T JUST LET THEM EAT CAKE, GIVE THEM A BAKERY, AN OVEN,
TITLE TO THE LAND and LOANS. Invite them into your ECONOMY
because the STATE GAINS even more than they do."



 Hernando de Soto  (photo is DeSoto w. Clinton) is a Peruvian economist, author of The Other Path (1986) titled thusly as he offered an economic system that would knock the SHINING PATH (SENDERO LUMINOSO, a popular radical  terrorist group,) out of the business of revolution and seducing the disgruntled poor. He taught the Peruvian Government that what made revolutionaries and terrorists wasn't poverty -- it was feeling locked out of the system.  Between 1988 and 1995, he and his Institute for Liberty and Democracy (ILD) were responsible for over four hundred initiatives, laws, and regulations that changed Peru’s economic system, letting IN the POOR who were running black market businesses, squatting on un-titled land and unable to get funding or credit to expand. He wrote "The Mystery of Capital" (2000) and his book Free to Choose won him a Prize for Advancing Liberty and a $500,000 cash award for his contribution to the advancement of private property rights in developing countries. He is the director of Peru's Institute for Liberty and Democracy (ILD), located in Lima.

The main thesis of De Soto's books is that people in developing countries have only informal ownership of land and goods, without interaction with the formal legal and economic systems. This makes it impossible for the poor to convert their informal ownerships into capital which De Soto claims would form the basis for entrepreneurship. Hence farmers in much of the developing world remain trapped in subsistence agriculture. ILD designed the administrative reform of Peru’s property system which has given titles to more than 1.2 million families and helped some 380,000 firms which previously operated in the black market to enter the formal economy. This latter task was accomplished through the elimination of bureaucratic "red-tape" and restrictive registration, licensing and permit laws that made the opening of new businesses very time-consuming and costly for the few who tried but way out of reach for most.

De Soto’s policy prescriptions brought him into conflict with and eventually helped to undermine the Shining Path guerrilla movement so they bombed his building, killing people. Nonetheless De Soto persisted and by granting titles to small coca farmers in the two main coca-growing areas he deprived the Shining Path of safe haven, recruits and drug money. The S.P leadership was forced to cities where they were arrested.

De Soto lived for many years in Europe. He did post-graduate work at the Institut Universitaire de Hautes Etudes Internationales in Geneva. He has served as an economist for the General Agreement on Tariffs and Trade ( GATT), as president of the Executive Committee of the Copper Exporting Countries Organization ( CIPEC ), as managing director of Universal Engineering Corporation, as a principal of the Swiss Bank Corporation Consultant Group, and as a governor of Peru's Central Reserve Bank.

De Soto was Peruvian president Alberto Fujimori's personal representative and principal advisor until he resigned two months before latter's self-coup in April, 1992. Between 1988 and 1995, he and the ILD were responsible for some four hundred initiatives, laws, and regulations that modernized Peru's economic system. In particular, ILD designed the land reform of Peru's property system which gave titles to more than 1.2 million families and legitimized some 380,000 firms which previously operated in the black market. By granting titles to small coca farmers in the two main coca-growing areas he deprived the Shining Path of safe haven, recruits and money. The leadership was forced to cities where they were arrested. In addition, the ILD initiated the policies for the stabilization of Peru's economy and the taming inflation, thereby allowing Peru to return to international financial markets.

Terrorists, guerilleros are activated by colonial incursion, but DeSoto
created a non-reactionary central path. SOLVENCY for peasants.

After the split with Fujimori, he and his institute designed similar programs in El Salvador, Haiti and EgyptJumhuriyat Misr al-Arabiyah ( In Detail) Official language Arabic Capital Cairo Largest City Cairo President Hosni Mubarak Prime Minister Ahmed Nazif Area Total % water Ranked 29th 1,001,450 km² 0. 6% Population Total (2003) Density Ranked 15th 74,718,797 and has been contacted by dozens of other heads of state for assistance.

The original Spanish-languageThis article is about the international language known as Spanish. For other languages spoken in Spain see Languages of Spain Spanish is an Iberian Romance language, and the third or fourth most spoken language in the world. It is spoken as a first langua title of de Soto's book The Other Path is El Otro Sendero. This was an allusion to countering the Shining Path guerrillas; the Spanish for "Shining Path" is Sendero Luminoso.

In 2004 de Soto received the Milton Friedman prize.  Friedman also an economist, is known primarily for his advocacy of laissez-faire capitalism. Trickle down theory, Reagan's philosophy of 'let them eat Cake" which is called Chicago School economics but deriving from a British Philosopher Baron. John Maynard Keynes.  COUNT on a Brit economist to weave a philosophy of lies to keep the poor colonized & working for pennies & dying of starvation with uneducated children.

What DE SOTO did could be called the TRICKLE UP theory as taking care of the poor, the entire economy flourishes. What he did seems simple, but it is radical, progressive, inventive and smart but nobody realized it at the time he was doing it. They saw NO BENEFIT in  letting the starving peasant masses into the system. None at all.

But the PERUVIAN government no longer needs soldiers, tanks, airplanes, spies and death squads, or to have its officers sent to the SCHOOL of the AMERICAS where they're trained by CIA and Our Military in genocide, as was the case for all of South America and Central America for the last forty years, resulting in millions of progressive Latino citizens murdered. A PHOENIX program for the Americas was a real brain drain. (CIA did it in Vietnam, too killing 26,000 people who objected to the USA coming to this ex French colony in Asia, murdering the president and his family and taking over.) Americans have fought this US 'SCHOOL" and are winning. It currently may be shut down. CIA trained death squads murdered everyone in many villages in QUICHE province of Guatemala during height of the RED SCARE. Thousands of families murdered as they grew corn in an area where a few radicals hide, and maybe were forced to give their corn to them. Every baby macheted, every dog killed so it wouldn't sound an alarm by going to other villages. Thousands of people, men women, families. CIA TRAINED DEATH SQUADS did it. Intetelligence Spy & general & COP a heartless murderer named JULIO CABALLEROS SEIGNE led them, he's still free today. Never paid for his crimes. Actually none of that kind did, they were all over Salvador, Honduras, Guatemala, all US trained.

FILMS YOU CAN SCREEN at home, with a big screen and HULU,also offering documentary videos. These events are a hit and easy to engineer, a cocktail party with snacks, 1$ at the door, done thru church groups, where audiences have the option to pay more for donations. This will apprise, fuel, educate, motivate your town to ACTIVISM against the continuing war. No longer CORPORATIONS MURDERING UNIONS, VILLAGES, REGIONS, TRIBES, to squelch Indians and Promote Drug trade by the CIA, and clear the highway in ARABIA ... IMPEDING a pipeline avenue for oil to come from Southern Russia to the tankers in harbors off Afghanistan. No more VIETNAM OIL PIRACY WARS by the west. SEE VIETNAM, REAL REASONS.

http://www.indybay.org/newsitems/2009/09/11/18621653.php
 
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