The relationship between business and politics is crucial to understanding Mexican history, and Pesos and Politics explores this relationship from the mid-nineteenth century dictatorship of Porfirio Diaz through the Mexican Revolution (1876–1940). Historian Mark Wasserman argues that throughout this era, over the course of successive regimes, there was an evolving enterprise system that had to balance the interests of the Mexican national elite, state and local governments, large foreign corporations, and individual foreign entrepreneurs. During and after the Revolution these groups were joined by organized labor and organized peasants. Contrary to past assessments, Wasserman argues that no one of these groups was ever powerful enough to dominate another. Because Mexican governments and elites committed themselves to economic models that relied on foreign investment and technology, they had to reach a balance that simultaneously attracted foreign entrepreneurs, but did not allow them to become too powerful or too privileged. Concentrating on the three most important sectors of the Mexican economy: mining, agriculture, and railroads, and employing a series of case studies of the careers of prominent Mexican business people and the operations of large U.S.-owned ranching and mining companies, Wasserman effectively demonstrates that Mexicans in fact controlled their economy from the 1880s through 1940; foreigners did not exploit the country; and, Mexicans established, sometimes shakily, sometimes unplanned, a system of relations between foreigners, elite and government (and later unions and peasant organizations) that maintained checks and balances on all parties.

Facing financial chaos, Porfirio Diaz’s strategy in the 1880s was to create a bank with a legal monopoly over lending to the government and to enforce elites’ property rights in order to get their support. This book shows how Mexican leaders, even after the Mexican Revolution, failed to alter these basic economic and political policies, resulting in a continuing high level of financial and industrial concentration.

"Examines the political and social influences behind the creation of the postrevolutionary Mexican welfare state in the 1930s, 1940s, and 1950s"--Provided by publisher.

Compares a range of Mexican food policy reforms, focusing on the SAM (Mexican Food System), a program in place from 1980-82, designed to shift subsidies and privileged access from large private farmers and ranchers to peasants and small producers. In this context, Fox (political science, MIT) examines the limits and possibilities of political reform, and its history and future in the Mexican state. Annotation copyright by Book News, Inc., Portland, OR

Looking at the Latin American liberal project during the century of postindependence, this collection of original essays draws attention to an underappreciated dilemma confronting liberals: idealistic visions and fiscal restraints. Liberals, Politics, and Power focuses on the inventiveness of nineteenth-century Latin Americans who applied liberal ideology to the founding and maintenance of new states. The impact of liberalism in Latin America, the contributors show, is best understood against the larger backdrop of struggles that pitted regional demands against the pressures of foreign finance, a powerful church against a decentralized state, and aristocratic desire to retain privilege against rising demands for social mobility. Moving beyond the traditional historiographical division between Eurocentric and dependency theories, the essays attempt to account for a uniquely Latin American liberal ideology and politics by exploring the political dynamics of such countries as Mexico, Colombia, Argentina, and Peru. Contributors discuss liberal efforts to build a viable legal order through elections and to implement a means of public finance that could fund the states' operations. Essays that span the entire century address issues such as the emergence of caudillos, the role of artisans, and popular participation in elections in light of fiscal, and other, impediments to progress. In their introduction, Vincent C. Peloso and Barbara A. Tenenbaum provide a hemispheric overview of liberalism that illustrates its similarities across Latin America. By exploring the liberal constitutional and economic order lying beneath apparently dictatorial states, this pathbreaking volume underlines the importance of fiscal policy in the fashioning of state power. Liberals, Politics, and Power serves not only as a guide to the liberal principles and practices that governed state formation in nineteenth-century Latin America but also as a means to evaluate the complex relationship between ideas and practical politics.

The first and definitive book of its kind, Joan Spero's The Politics of International Economic Relations has been fully updated to reflect the sweeping changes in the international arena. With the expertise of co-author Jeffrey Hart, the fifth edition strengthens the coverage of political and economic relations since the end of the Cold War, economic polarization in developing nations and the roots of economic decline in centrally planned economies. A new chapter on industrial policy and competitiveness debates further illustrates the changing dynamics of International Political Economy. Ideal as a supplement to the International Relations course or as the core text in International Political Economy, Spero and Hart's The Politics of International Economic Relations continues to give students the breadth and depth of scholarship needed to understand the politics of world economy.

This book studies the political role of the Chilean military during the years 1808-1826.