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Mexico's Economic Growth Failure: Decades in the Making 

The Real News Network
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As Mexicans get ready to vote for a new president on Sunday, they will probably punish the political class that led the country into a 30-year economic slump. CEPR's Mark Weisbrot analyzes Mexico's economic performance and the prospects for its economic future after the election
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24 июн 2018

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Комментарии : 28   
@712dal
@712dal 6 лет назад
Remember when NAFTA was supposed to build up Mexico... yeah, I know 😂😂😂
@SuperSpidey313
@SuperSpidey313 6 лет назад
712dal that's really what they told everyone? Wow
@keithdurant4570
@keithdurant4570 6 лет назад
NAFTA was never good for workers in any of the countries. All it did was give banks and multi-national corporations access to the markets without any restrictions while protecting them from individual country regulations.
@eios76
@eios76 6 лет назад
It built up the cartels, even the show Narcos covered that
@keithdurant4570
@keithdurant4570 6 лет назад
Christobal Colombo It certainly helped the cartels but they already had a big boost from the CIA. Remember both the Iran-Contra deal and that Pablo Escobar...head of the Medellin cartel...was a "paid informant" of the CIA.
@joemartin1253
@joemartin1253 5 лет назад
712dal It has there transportation systems are far ahead of the US new highways more up to date infrastructure have you been to Mexico lately?
@HulkHulk-fh8uf
@HulkHulk-fh8uf 6 лет назад
Venezuela is a example of socialism and Mexico is a example of capitalism.
@theosphilusthistler712
@theosphilusthistler712 6 лет назад
If AMLO starts to roll back neoliberalism expect the process of Chavezification to begin pretty quickly from the US.
@SuperSpidey313
@SuperSpidey313 6 лет назад
Theosphilus Thistler that would be welcome
@theosphilusthistler712
@theosphilusthistler712 6 лет назад
You mean you would welcome the branding of AMLO of as a dictator, the support of ongoing violent and non-violent coup attempts, economic war against Mexico, the hording of basic consumer goods by oligopolies, manipulation of local and world media, talk of a "military option"...etc etc in response to, say, a new government trying to nationalise something or provide a social service?
@SuperSpidey313
@SuperSpidey313 6 лет назад
Haha. No. Obviously not. I would welcome nationalizing healthcare, air service, etc. like more civilized countries. Corporations in the US have people so brainwashed that it wouldn't really come to all of the things you mentioned anyway.
@andreawisner7358
@andreawisner7358 6 лет назад
I doubt that "AMLO" is much of a threat to the U.S. He'll probably continue most of the same right-wing policies with a bit of liberal window dressing.
@frescoservice5124
@frescoservice5124 5 месяцев назад
5 years later and Mexico is the 12th richest country in the world
@lylecosmopolite
@lylecosmopolite 5 лет назад
Mexico is crony capitalist, not capitalist. Mexico has had a low first world growth rate for several decades. If Mexican GDP per capita were at least US$30K/year, it could afford to grow as slowly as the USA. In fact, its per capita GDP in 2017 was $19500. Very surprisingly, there are 42 countries with a worse Gini coefficient than Mexico, including Brazil, Colombia, Panama, Honduras, Costa Rica, Guatemala, Nicaragua, Paraguay, Belize, Chile, Venezuela, Bolivia, Ecuador. Mexico and Peru are tied. In a table where Mexico is 43 worst in equality, the USA is 58th. en.wikipedia.org/wiki/List_of_countries_by_income_equality
@nicholasdarraugh7626
@nicholasdarraugh7626 6 лет назад
Mark doesn't speak, he drones!
@andreawisner7358
@andreawisner7358 6 лет назад
nicholas darraugh May as well, for he's saying nothing.
@StandedInUtah
@StandedInUtah 6 лет назад
What does measuring inequality even identify? If most of your population is earning enough to live comfortably above poverty and you have a solid middle class does it matter if you have a super rich 1%? Who cares if some people are making big money if the rest of the people are comfortable? Money is constantly being created. There is not a finite supply of it. So my having $100 doesn't mean you can't also have $100. Isn't it much more important to look at the number of people in poverty and figure how to prepare them for the job market and help them move up the economic ladder instead of worrying about who has what? Economists and Social Scientists have figured out the big life choices that generally result in poverty: engaging in criminal activity, dropping out of school, illiteracy, addiction and out of wedlock childbearing, especially at a young age. Rather than being jealous of Bill Gates try making yourself a more desirable in the job market.
@syndicat4847
@syndicat4847 6 лет назад
Unfortunately, most people are not living comfortably. They live barely above poverty and are facing a constant and increasing risk of falling into poverty because of a lack of well paying, secure jobs and social programs. The problem with a super rich 1% is that they achieved their success through a system they rigged in their favour. Once you reach the top, kick the ladder away so no one else can compete to achieve the same level of success. The 'job market doesn't offer opportunity for success, only a lifetime of oppression and exploitation to maintain a system of extreme inequality. "Big life choices" are not choices at all, but the acts of people who cannot access the education required to become successful and live in situations where they must resort to crime in order to survive. The ruling elites have criminalized the things poor people need to do to survive and have decriminalized the crimes rich people commit to steal from the poor, in order to maintain their wealth and power. Billionaires like Bill Gates and Jeff Bezos etc...became successful because all the costly and risky R&D was paid for by the government ie. the public sector, often through funding universities like MIT and handed over to the private sector, especially high tech for the military industrial complex afterwards, to create monopolies for the private sector. I highly recommend you read the works of individuals who are critical of the system, otherwise you will continue to pose questions online, that highlight your ignorance of how the world works
@billiamc1969
@billiamc1969 6 лет назад
Stranded in Utah I think you dropped out of middle school and never went back...you claim there is an infinite amount of wealth then why as Bill Gates and the 1% continue to vacuum up wealth out of this country that more and more people slip into poverty and bankruptcy? This 1% you speak of IS THE PROBLEM...they have completely corrupted our election system with bribery and the middle class on down has little or no power left anymore. All the recent marching and protesting by the citizenry was mainly completely ignored by our politicians and had very little impact. Look at the last 2 presidential candidates mainly only pandered to rich people, only Bernie gave full attention to the little guys...wake up buddy...you sound like a fool!!!
@markusantonious8192
@markusantonious8192 6 лет назад
What nonsense. 'Money is not finite'. Really!? Money is tied - at some point - to actual wealth, to bread, to housing..or for the rich, to yachts and homes in the Hamptons. There is a finite amount of wealth and when it is hoarded by a few it is unavailable to the many. The great myth of capitalism is that great wealth is independent of great poverty, when, in fact, excessive wealth *creates*, is, indeed, based on, dire poverty.
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