▁make ▁it ▁virt ually ▁impossible ▁for ▁the ▁majority ▁of ▁their ▁people — and ▁their ▁assets — to ▁gain ▁a ▁st ake ▁in ▁the ▁market . ▁The ▁people ▁of ▁these ▁countries ▁have ▁talent , ▁enthus ias m , ▁and ▁an ▁aston ishing ▁ability ▁to ▁wr ing ▁a ▁profit ▁out ▁of ▁pract ically ▁nothing `. ▁ ▁What ▁the ▁poor ▁majority ▁in ▁the ▁developing ▁world ▁do ▁not ▁have ▁is ▁easy ▁access ▁to ▁the ▁legal ▁system ▁which , ▁in ▁the ▁advanced ▁nations ▁of ▁the ▁world ▁and ▁for ▁the ▁el ite ▁in ▁their ▁countries , ▁is ▁the ▁gateway ▁to ▁economic ▁success , ▁for ▁it ▁is ▁in ▁the ▁legal ▁system ▁where ▁property ▁documents ▁are ▁created ▁and ▁standard ized ▁according ▁to ▁law . ▁That ▁documentation ▁builds ▁a ▁public ▁memory ▁that ▁perm its ▁society ▁to ▁eng age ▁in ▁such ▁cru cial ▁economic ▁activities ▁as ▁ident ifying ▁and ▁gain ing ▁access ▁to ▁information ▁about ▁individuals , ▁their ▁assets , ▁their ▁titles , ▁rights , ▁charges ▁and ▁oblig ations ; ▁establish ing ▁the ▁limits ▁of ▁li ability ▁for ▁business es ; ▁knowing ▁an ▁asset ' s ▁previous ▁economic ▁situation ; ▁ass uring ▁protection ▁of ▁third ▁parties ; ▁and ▁quant ifying ▁and ▁valu ing ▁assets ▁and ▁rights . ▁These ▁public ▁memory ▁mechan isms ▁in ▁turn ▁facil itate ▁such ▁opportun ities ▁as ▁access ▁to ▁credit , ▁the ▁establishment ▁of ▁systems ▁of ▁identification , ▁the ▁creation ▁of ▁systems ▁for ▁credit ▁and ▁ins urance ▁information , ▁the ▁provision ▁for ▁housing ▁and ▁infrastr ucture , ▁the ▁issue ▁of ▁shares , ▁the ▁mort g age ▁of ▁property ▁and ▁a