Description
Book SynopsisThe 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 ideologyall powering transnational processes of neoliberalizationare 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 blocthe 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 work
Trade Review
"An original and relevant book on Mexico’s economic history such as this has not appeared for a long time. For anyone interested in better understanding the trajectory of Mexico’s economy this book is highly recommended." — Juan Carlos Moreno-Brid, co-author of Development and Growth in the Mexican Economy (Oxford U.P. 2009)
"By following the money, Cypher and Crossa skilfully demonstrate how the neoliberal integrationist project serves to impoverish workers and enable capital on both sides of the Mexico- U.S. border. This book provides a powerful call for a change in economic policy direction." — Paul Bowles, Professor, Departments of Global & International Studies and Economics at University of Northern British Columbia, Price George Canada
Table of Contents1: The Remaking of Mexico: The State, Economic Elite and US Capital 1982-1992 2: From NAFTA to the PAN’s Implosion: Mexico Remade for US TNCs 1992-2012 3: Stagnation & Income Dispersion Sink New PRI and Fracture US Labor: 2012-2018 4: López Obrador in Power, 2018-2022: A Transformational or Conformational Moment? 5: Export-Led Accumulation: Paradoxes of the Leading Auto Sector 6: Petroleum: A Strategic Resource for Houston’s TNCs or Mexico? 7: Mining and Agriculture: Supporting Pillars of the Transnational Structure 8: Some Final Reflections on Dependence and Asymmetry
