Excelente ensayo sobre por qué estamos donde estamos. El artículo se refiere específicamente al caso de Mexico, pero es aplicable a todos los países de nuestra querida latinoamerica.
Esto es clave: Mexico, unfortunately, has had a long tradition of weak property rights and a strong, intrusive government. The Constitution of 1917 almost guarantees economic chaos. According to Article 27, property is not a right but a social function. Government officials, therefore, may confiscate land or industry which, in their opinion, is not serving a "public use" or the "public interest."
Pero esto es cierto también: In fairness to Mr. Slim, there may not be another avenue to great wealth in a massively interventionist economy.
Esto es clave:
ReplyDeleteMexico, unfortunately, has had a long tradition of weak property rights and a strong, intrusive government. The Constitution of 1917 almost guarantees economic chaos. According to Article 27, property is not a right but a social function. Government officials, therefore, may confiscate land or industry which, in their opinion, is not serving a "public use" or the "public interest."
Pero esto es cierto también:
In fairness to Mr. Slim, there may not be another avenue to great wealth in a massively interventionist economy.