Chapter

Lost Opportunity

RAMóN EDUARDO RUIZ

in Mexico

Published by University of California Press

Published in print August 2010 | ISBN: 9780520262355
Published online March 2012 | e-ISBN: 9780520947528 | DOI: http://dx.doi.org/10.1525/california/9780520262355.003.0006
Lost Opportunity

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Modern Mexico, according to sundry scholars of that country, both nationals and foreigners, started with the Porfiriato, a regime that went on for ever and ever, or so it seemed to a multitude of Mexicans. Many of these same scholars, turned contortionists, then go on to swear allegiance to the Mexican Revolution of 1910, a social upheaval, in their opinion, that toppled Porfirio Díaz from his throne and put a fresh face on Mexico. However, the changes ushered in by the upheaval of 1910 were hardly revolutionary. The export economy of yesteryear became the export economy of “revolutionary” Mexico, as did dependency on outside markets. The revolutionaries inherited a troubled economy. Huge debts piled up, partly the result of damages claimed by foreign countries, mainly the United States, which demanded repayment. Corruption, whether in the old Porfirista style or in the revolutionary mold, had a field day.

Keywords: Mexico; United States; Mexican Revolution; Porfirio Díaz; corruption; export economy; debts

Chapter.  8476 words. 

Subjects: History of the Americas

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