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The story of a small group of economists who helped defeat Peru's
brutal Shining Path terrorists, pressured the government into
making legal reforms that have lifted millions out of poverty and
in the process became repeated targets for bombing and
assassinations.
THE POWER OF THE POOR tells the story of a small group of
economists who helped defeat Peru's brutal Shining Path terrorists,
pressured the government into making legal reforms that have lifted
millions out of poverty and in the process became repeated targets
for bombing and assassinations. It is a look at the vital role that
efficient, inclusive laws and private property play in prosperity
and social peace. Filmed in Peru and featuring award-winning
Peruvian economist and author Hernando de Soto, the program relates
how corruption and bureaucracy have locked two thirds of the
world's population out of national and global economies. Forced to
operate outside the rule of law, they have created their own
parallel, but extremely limited, extralegal systems. De Soto and
his team have proven that the world's hard-working poor
entrepreneurs have created far more wealth than anyone had ever
imagined. He believes that the value of their homes and businesses
worldwide is almost $10 trillion.