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This book is the first comprehensive and systematic English-language treatment of Mexico's economic history to appear in nearly forty years. Drawing on several years of in-depth research, Juan Carlos Moreno-Brid and Jaime Ros, two of the foremost experts on the Mexican economy, examine Mexico's current development policies and problems from a historical perspective. They review long-term trends in the Mexican economy and analyze past episodes of radical shifts in development strategy and in the role of markets and the state. This book provides an overview of Mexico's economic development since Independence that compares the successive periods of stagnation and growth that alternately have characterized Mexico's economic history. It gives special attention to developments since 1940, and it presents a re-evaluation of Mexico's development policies during the State-led industrialization period from 1940 to 1982 as well as during the more recent market reform process. This reevaluation is critical of the dominant trend in economic literature and is revisionist in arguing that, in particular, the market reforms undertaken by successive Mexican governments since 1983 have not addressed the fundamental obstacles to economic growth. Development and Growth in the Mexican Economy also details the country's pioneering role in launching NAFTA, its membership in the OECD, and its radical macroeconomic reforms. Carefully argued and meticulously researched, the book presents a wide-ranging, authoritative study that not only pinpoints problems, but also suggests solutions for removing obstacles to economic stability and pointing the Mexican economy toward the road to recovery.
For twenty-five years, Kendall Brown studied Potosí, Spanish America's greatest silver producer and perhaps the world's most famous mining district. He read about the flood of silver that flowed from its Cerro Rico and learned of the toil of its miners. Potosí symbolized fabulous wealth and unbelievable suffering. New World bullion stimulated the formation of the first world economy but at the same time it had profound consequences for labor, as mine operators and refiners resorted to extreme forms of coercion to secure workers. In many cases the environment also suffered devastating harm. All of this occurred in the name of wealth for individual entrepreneurs, companies, and the ruling states. Yet the question remains of how much economic development mining managed to produce in Latin America and what were its social and ecological consequences. Brown's focus on the legendary mines at Potosí and comparison of its operations to those of other mines in Latin America is a well-written and accessible study that is the first to span the colonial era to the present.
The aim of this study is to define that distinctive blend of enlightened despotism and entrepreneurial talent which created Bourbon Mexico. The period 1763-1810 was a crucial and distinctive stage in the colonial history of Mexico. Jose de Gálvez, the dynamic minister of the Indies, transformed the system of government and restructured the economy. The ensuing 'golden age', far from being the culmination of two hundred years of steady development, sprang rather from a profound regeneration of the New World's Hispanic society. The chief success of Gálvez's policy was the unprecedented mining boom which made Mexico the world's chief silver producer. It was this silver boom which largely financed the revival of the political and economic power of the Spanish monarchy and, in Mexico itself, created a new aristocracy of merchant capitalists and silver millionaires.
What lies at the center of the Mexican colonial experience? Should Mexican colonial society be construed as a theoretical monolith, capitalist from its inception, or was it essentially feudal, as traditional historiography viewed it? In this pathfinding study, Enrique Semo offers a fresh vision: that the conflicting social formations of capitalism, feudalism, and tributary despotism provided the basic dynamic of Mexico's social and economic development. Responding to questions raised by contemporary Mexican society, Semo sees the origin of both backwardness and development not in climate, race, or a heterogeneous set of unrelated traits, but rather in the historical interaction of each social formation. In his analysis, Mexico's history is conceived as a succession of socioeconomic formations, each growing within the "womb" of its predecessor. Semo sees the task of economic history to analyze each of these formations and to construct models that will help us understand the laws of its evolution. His premise is that economic history contributes to our understanding of the present not by formulating universal laws, but by studying the laws of development and progression of concrete economic systems. The History of Capitalism in Mexico opens with the Conquest and concludes with the onset of the profound socioeconomic transformation of the last fifty years of the colony, a period clearly representing the precapitalist phase of Mexican development. In the course of his discussion, Semo addresses the role of dependency—an important theoretical innovation—and introduces the concept of tributary despotism, relating it to the problems of Indian society and economy. He also provides a novel examination of the changing role of the church throughout Mexican colonial history. The result is a comprehensive picture, which offers a provocative alternative to the increasingly detailed and monographic approach that currently dominates the writing of history. Originally published as Historia del capitalismo en México in 1973, this classic work is now available for the first time in English. It will be of interest to specialists in Mexican colonial history, as well as to general readers.
This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.
In so doing, Calderon revises the view that Mexican workers were careless and difficult to work with and documents their struggle for recognition and union organization."--BOOK JACKET.