[discostu]

Most industry in Mexico was nationalized. Pay scales were set by law. For extended periods asking for a raise was a jailable offense.

South American nations are also largely socialize/ command economy. The government runs things, and does so poorly, thus resulting in mass poverty and all those things people incorrectly blame on capitalism. The problem isn't capitalism, it's government.

[Dec31,1999]

Thanks for the information, but can you provide any documentation or at least, details for anyone else who might be lurking?

Quite a fascinating post.