
Mexico’s cartels are known for their violence and ruthlessness, the control they exert over the drug trade and for Hollywood-esque escapes from so-called high-security prisons. But not much is known or even acknowledged outside the country about another network exerting significant power and doing its own damage to the country: an economic cartel that enjoys market domination in major sectors of the economy, beneficial treatment from the authorities and whose fortunes have skyrocketed at the expense of ordinary Mexicans. A new bi-annual report by Coneval, a Mexican government agency evaluating social policies, should raise the alarm. It showed that Mexico’s […]