Wages: Reversing the Neoliberal Damage
Wages now make up 30.8% of GDP (4.1 points more than in 2018) and labor poverty fell to 31.9%: the Fourth Transformation reversing decades of neoliberal wealth transfer to those at the top.
Wages now make up 30.8% of GDP (4.1 points more than in 2018) and labor poverty fell to 31.9%: the Fourth Transformation reversing decades of neoliberal wealth transfer to those at the top.
Employee compensation’s share of GDP has risen 4.1 points since 2018 while corporate profits fell 7.3 points, a real shift in how Mexico’s wealth is distributed.
Mexico’s total exports rose 43.7 percent and imports 45 percent year over year in July 2026, both reaching record values, according to INEGI.
Drawing on Mariana Mazzucato’s critique, Mario Campa argues that Mexico’s concentrated commercial banking and starved development banking hold back the country’s development.
Roads, 3,000 km of new rail and 62 upgraded airports will generate nearly 4 million jobs, says Minister Esteva.
President Sheinbaum’s daily press conference, with comments on a strong economy, formal employment, stable gas prices, the USMCA, housing, Ken Salazar, and attacks against Mexico.
Sheinbaum cited record car sales, booming auto-parts and electronics manufacturing, and well-being housing—plus a July 20 US visit to continue USMCA-review talks.
President Sheinbaum’s daily press conference, with comments on the Mexican economy, the 2026 World Cup, social media, and CNTE.
Sheinbaum cites 2.1% industrial growth in April from 7% construction expansion, plus record Mexican exports and three new monthly tourism records.
The neoliberal dogma of central bank independence is false: in reality it serves only the interests of the financial sector & not national objectives of productive growth & employment.