5min chapter

Pitchfork Economics with Nick Hanauer cover image

How Mexico’s Post-Neoliberal Policies Offer a Blueprint for U.S. Democrats (with Kurt Hackbarth)

Pitchfork Economics with Nick Hanauer

CHAPTER

Inflation and Wage Dynamics in Mexico

This chapter explores the recent decline in inflation in Mexico and the projected 12% increase in minimum wage for 2025, emphasizing its potential to counter inflationary pressures. It further examines the implications of nearshoring for job retention and the collaborative efforts between business and labor leaders to improve workers' purchasing power amid shifts in media control and political communication.

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