Friday, April 22, 2016

Mexican stand-off - capitalism or socialism

50 million Mexicans live on less than US $5 a day, and about 2.5 million are in extreme poverty, living on less than US $1.25 a day. The situation affects all of Mexico. On the one hand, poverty generates various types of anxiety, depression and insecurity in people who suffer it. On the other hand, it is the main engine for the rise of organized crime, suicide, family violence and addiction.

Year after year there are new initiatives, and millions of pesos are allocated to government resources intended to dignify and improve the living conditions of the neediest Mexicans. Some of the most recent examples is the “Crusade against Hunger,” a milk subsidy and support for the transition to digital television.

Why is the number of people suffering in poverty continuing to rise? Capitalism cannot be meaningfully or permanently reformed for the benefit of the people. 

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