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The Political Economy of Transnational Power and Production:
Mexico's Metamorphosis 1982-2022 How and why Mexico’s
socioeconomic structure was transformed through plutocratic
preferences, US corporate strategies, and ideology—all powering
transnational processes of neoliberalization—are issues examined
in this comprehensive, carefully documented publication covering
four crucial decades of metamorphosis. The causes and consequences
of the creation of a new, regional power bloc—the North American
Free Trade Agreement (NAFTA)—are extensively examined. Readers
will benefit from the many important demystifications presented
here, chronicling the asymmetric Mexico-US production system. The
impacts of the new transnational structure for labor on both sides
of the border are matters of centrality. Specialists and general
readers alike will find an explicit and accessible account of the
powerful forces opening access to and profiting from millions of
low-wage workers enabling Mexico to become a strategic source of US
imports. Portrayed by mainstream economists and major policy makers
as a "win-win" triumph of "free trade" theory, this book documents
the opposing reality imposed by NAFTA and the US-Mexico-Canada Free
Trade Agreement on both the US and Mexican working classes. US
economists foretold a dramatic narrowing of the income gap—the US
would benefit; Mexico would benefit even more. But instead, the
yawning gap increased for three decades, bringing devastation for
workers while debilitating Mexico’s national industrial base.
The Political Economy of Transnational Power and Production:
Mexico's Metamorphosis 1982-2022 How and why Mexico’s
socioeconomic structure was transformed through plutocratic
preferences, US corporate strategies, and ideology—all powering
transnational processes of neoliberalization—are issues examined
in this comprehensive, carefully documented publication covering
four crucial decades of metamorphosis. The causes and consequences
of the creation of a new, regional power bloc—the North American
Free Trade Agreement (NAFTA)—are extensively examined. Readers
will benefit from the many important demystifications presented
here, chronicling the asymmetric Mexico-US production system. The
impacts of the new transnational structure for labor on both sides
of the border are matters of centrality. Specialists and general
readers alike will find an explicit and accessible account of the
powerful forces opening access to and profiting from millions of
low-wage workers enabling Mexico to become a strategic source of US
imports. Portrayed by mainstream economists and major policy makers
as a "win-win" triumph of "free trade" theory, this book documents
the opposing reality imposed by NAFTA and the US-Mexico-Canada Free
Trade Agreement on both the US and Mexican working classes. US
economists foretold a dramatic narrowing of the income gap—the US
would benefit; Mexico would benefit even more. But instead, the
yawning gap increased for three decades, bringing devastation for
workers while debilitating Mexico’s national industrial base.
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