Juan David Rojas discusses his latest Compact contribution, exploring political trends and the left-wing movement in Mexico. They also delve into the privatization and nationalization of the Mexican oil sector, Amno's successful economic period, political shifts and working class disaffection, and the populist appeal and libertarianism in Latin America.
Mexico's political landscape is an anomaly in Latin America, with a left-wing president while other countries turned to the right.
Amlo's focus on the working class and poverty reduction has not necessarily translated to strong economic growth.
Deep dives
Contrasting Stories in the Spanish-Speaking World
The podcast episode discusses two contrasting stories in the Spanish-speaking world: Javier Millet in Mexico and the economic situation in Argentina. The speaker highlights the differences between the older left tradition represented by Amlo in Mexico and the newer progressive social sense of the Pink Tide. The podcast also explores the anomaly of Mexico's political landscape being out of sync with the rest of Latin America, as it elected a left-wing president while other countries turned to the right. Additionally, the speaker mentions Amlo's success in improving the economy for the working-class majority and reducing poverty.
The Push for Nationalization in Mexico and Pemex's Troubles
The podcast delves into the push for nationalization in Mexico, particularly in relation to the oil industry. The speaker notes the paradox of the left supporting efforts to rescue Pemex, while the right is more hostile towards oil exploration and promotes renewable energy. They mention the privatization of the domestic market in 2014 and its negative consequences for the oil industry and utilities. Amlo's attempts to re-nationalize the sector faced challenges and he resorted to bureaucratic maneuvers to force out international companies. The speaker also discusses the historical context of the PRI, Mexico's political machine, and its impact on the left-right equation.
Amlo's Popularity and Economic Management
The podcast episode highlights Amlo's popularity among the working class majority in Mexico, attributing it to his economic management. The speaker mentions the successful cash transfer programs for pensioners and the raising of the minimum wage. Amlo's financial responsibility, with consistent reduction in the deficit and debt, is also acknowledged. However, the speaker points out that Amlo's focus on the working class and poverty reduction has not necessarily translated to strong economic growth. The speaker emphasizes the role of Graciela Márquez Colín, formerly head of SAT, in enforcing tax collection from big companies and the positive perception of fighting for workers among ordinary Mexicans.