Mexican billionaire Carlos Slim talks with other invited guests following President Enrique Pena Nieto's third state of the nation address at the National Palace, Mexico City, Sept. 2, 2015 (AP photo by Rebecca Blackwell).

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 […]