You are so right about the elite class in Mexico. They are working to stifle Mexico’s economy like the Democrats do in our country. This elite class has a corrupt relationship with the government in what we call crony capitalism. They manipulate the government to keep the competition down. What they do is eliminate the small businessman from gaining economic success and increasing the wealth to the rest of their poor society.
According to professor Denise Eugenia Dresser Guerra, Mexico is a crony capitalism economy which fails to grow due to the manner in which it exercises and shares power. This is due to the discretionary and politicized regulations that rule the mafia republic, the economy of buddies. She says that Mexico is trapped in an intricate web of privilege and veto powers that inhibit healthy competition. A network that operates on favors, concessions and regulatory protection provided by the government and demanded by the business elite as a condition for investment.
Mexicos economy will never reach its full potential as long as its political system functions well for the benefit of the political parties, but very poorly for its citizens. The professor believes that Mexicans are victims of a dysfunctional economic system which forces its population to cross the border into the United States in search of the upward mobility that is not found in Mexico.
I write about this as a warning to this nation as to what crony capitalism can do to us. It is exactly what the Obama Regime is instigating and it is a very dangerous venture for our economic system.
If I was President, the first think I’d tell the Mexican President is “Fix your country, or else we’ll fix it for you.”