Something unusual is going on in Mexico - a normal presidential election. Mexico's relatively new democratic institutions are not being strained and are not at risk. There are three major candidates, and while they have been doing a lot of mudslinging, they offer voters a real ideological choice. Mexico lived through 71 years of the Institutional Revolutionary Party, or PRI, which fell in 2000 to an opposition candidate, Vicente Fox, who proved to be a lackluster president. In other new democracies in Eastern Europe and Latin America, voters at this point have tended to grow nostalgic for dictatorship or eager to find an outsider who promises revolution. The first democratic election after dictatorship is always joyous; the second one can be deadly. Not so in Mexico. Roberto Madrazo, the PRI candidate, is far back. One front-runner is Felipe Calderón, who was Fox's energy minister. He is a respectable model of the Latin American colorless, Harvard-educated, pro-business candidate. He wants to modernize Mexico and make it more globally competitive, thereby creating more jobs. Calderón advocates opening Mexico's poorly run and underfinanced energy sector to foreign investment. It is an unpopular idea, but sorely needed. His neck-and-neck opponent is Andrés Manuel López Obrador, who has been unfairly compared, by the Calderón campaign and many others, to President Hugo Chávez of Venezuela. López Obrador, who was recently mayor of Mexico City, is a leftist, but he is no threat to the United States, nor to Mexico. He has no ambitions to foment revolution and stresses the importance of good relations with Washington. He accepts a market economy but would attempt to make it fairer to Mexico's poor. López Obrador has said that he would like to use government spending to create jobs and raise the minimum wage - now $4.50 a day. He wants to renegotiate the agricultural chapters of the North American Free Trade Agreement to benefit Mexico's small farmers.
Mexico lived through 71 years of the Institutional Revolutionary Party, or PRI, which fell in 2000 to an opposition candidate, Vicente Fox, who proved to be a lackluster president. In other new democracies in Eastern Europe and Latin America, voters at this point have tended to grow nostalgic for dictatorship or eager to find an outsider who promises revolution. The first democratic election after dictatorship is always joyous; the second one can be deadly.
Not so in Mexico. Roberto Madrazo, the PRI candidate, is far back. One front-runner is Felipe Calderón, who was Fox's energy minister. He is a respectable model of the Latin American colorless, Harvard-educated, pro-business candidate. He wants to modernize Mexico and make it more globally competitive, thereby creating more jobs. Calderón advocates opening Mexico's poorly run and underfinanced energy sector to foreign investment. It is an unpopular idea, but sorely needed.
His neck-and-neck opponent is Andrés Manuel López Obrador, who has been unfairly compared, by the Calderón campaign and many others, to President Hugo Chávez of Venezuela.
López Obrador, who was recently mayor of Mexico City, is a leftist, but he is no threat to the United States, nor to Mexico. He has no ambitions to foment revolution and stresses the importance of good relations with Washington. He accepts a market economy but would attempt to make it fairer to Mexico's poor. López Obrador has said that he would like to use government spending to create jobs and raise the minimum wage - now $4.50 a day. He wants to renegotiate the agricultural chapters of the North American Free Trade Agreement to benefit Mexico's small farmers.
Ah, we are soooo impartial... *Lunatic*, n. One whose delusions are out of fashion.
No need for foreign investors - only a more reasonable State. Of course, foreign investors are often eaiser to deal with than political pressure against State spending cuts... In the long run, we're all dead. John Maynard Keynes
