{"product_id":"ethnic-entrepreneurs-crony-capitalism-and-the-making-of-the-franco-mexican-elite-hardback-9780817320805","title":"Ethnic Entrepreneurs, Crony Capitalism, and the Making of the Franco-Mexican Elite (Hardback) 9780817320805","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eEthnic Entrepreneurs, Crony Capitalism, and the Making of the Franco-Mexican Elite\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eJosé Galindo (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780817320805\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 12 January 2021\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e240 pages, 11 black \u0026amp; white figures, 5 maps, 17 tables\u003cbr\u003e23.1 x 15.4 x 2.2 cm, 0.52 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e“This is a compelling case study of crony capitalism in Mexico, one that previously has not been studied at such length. Galindo makes a convincing argument that neither the neo-institutionalists nor those who focus on social networks fully capture the structural foundations for Mexican capitalism. Formal institutions were often much stronger than neo-institutionalists recognize, according to Galindo, though they were too weak to curb the crony capitalism and corruption endemic to Mexican modernization, as other scholars might argue. In this, Galindo stakes important new ground that seeks to understand social networks and institutions in relation to each other.”\u003cbr\u003e —Susan M. Gauss, author of \u003ci\u003eMade in Mexico: Regions, Nation, and the State in the Rise of Mexican Industrialism, 1920s–1940s\u003c\/i\u003e\u003cbr\u003e  \u003cbr\u003e “This study helps explain one of the most intractable problems in Mexican history over the last century and a half, which is the marriage of business and politics at the highest levels.  The author explores the trajectory of one of the most powerful business families that has survived and prospered  in Mexico and hence helps to explain legacies  of oligopolies, political authoritarianism, and corruption in the long run.”\u003cbr\u003e—Carlos Marichal Salinas, author of \u003ci\u003eBankruptcy of Empire: Mexican Silver and the Wars between Spain, Britain and France, 1760\u003c\/i\u003e–\u003ci\u003e1810\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e“An impressive and amply documented study of the migration of French capital to Mexico. Galindo focuses on the Jean family and its ties to other immigrant ‘Barcelonnettes’ to draw out the broader implications of crony capitalism for Mexico and elsewhere. Empirically informed and theoretically sophisticated, Galindo's work will be of interest to a wide range of students in history, development studies, and political science alike.”\u003cbr\u003e —Richard J. Salvucci, author of \u003ci\u003ePolitics, Markets, and Mexico's \"London Debt,\" 1823–1887\u003c\/i\u003e\u003cbr\u003e  \u003cbr\u003e “JosÉ Galindo's detailed historical analysis of crony capitalism in Mexico broadens our understanding of the development and dynamic of this important pattern of corruption. Focusing on the Jean family from the French region of Barcelonnette, the study masterfully highlights not only businesses adapt to weak formal institutions, but the nature of the informal institutions that forge close and reciprocal relationships linking business to state officials. The book contributes to recent historical works on corruption in Mexico focusing on cultural factors by emphasizing the underlying institutional causal factors and tracing the political and economic consequences of crony capitalism. \u003ci\u003eEthnic Entrepreneurs, Crony Capitalism, and the Making of the Franco-Mexican Elite\u003c\/i\u003e is a must read for those interested in the history of corruption in Mexico.”\u003cbr\u003e —Stephen D. Morris, author of \u003ci\u003eGringolandia: Mexican Identity and Perceptions of the United States\u003c\/i\u003e\u003cbr\u003e  \u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eA groundbreaking historical narrative of corruption and economic success in Mexico\u003c\/b\u003e\u003cbr\u003e  \u003cbr\u003e\u003ci\u003eEthnic Entrepreneurs, Crony Capitalism, and the Making of the Franco-Mexican Elite \u003c\/i\u003eprovides a new way to understand the scope and impact of crony capitalism on institutional development in Mexico. Beginning with the Porfiriato, the period between 1876 and 1911 named for the rule of President Porfirio DÍaz, JosÉ Galindo identifies how certain behavioral patterns of the Mexican political and economic elite have repeated over the years, and analyzes aspects of the political economy that have persisted, shaping and at times curtailing Mexico’s economic development.\u003cbr\u003e  \u003cbr\u003e Strong links between entrepreneurs and politicians have allowed elite businessmen to receive privileged support, such as cheap credit, tax breaks, and tariff protection, from different governments and to run their companies as monopolies. In turn, successive governments have obtained support from businesses to implement public policies, and, on occasion, public officials have received monetary restitution. Galindo notes that Mexico’s early twentieth-century institutional framework was weak and unequal to the task of reining in these systematic abuses. The cost to society was high and resulted in a lack of fair market competition, unequal income distribution, and stunted social mobility.\u003cbr\u003e  \u003cbr\u003e The most important investors in the banking, commerce, and manufacturing sectors at the beginning of the twentieth century in Mexico were of French origin, and Galindo explains the formation of the Franco-Mexican elite. This Franco-Mexican narrative unfolds largely through the story of one of the richest families in Mexico, the Jeans, and their cotton textile empire. This family has maintained power and wealth through the current day as Emilio AzcÁrraga Jean, a great-grandson of one of the members of the first generation of the Jean family to arrive in Mexico, owns Televisa, a major mass media company with one of the largest audiences for Spanish-language content in the world.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/font\u003e","brand":"The University of Alabama Press","offers":[{"title":"Brand New","offer_id":52570146832664,"sku":"9780817320805","price":36.29,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/freshlyprintedbooks.co.uk\/products\/ethnic-entrepreneurs-crony-capitalism-and-the-making-of-the-franco-mexican-elite-hardback-9780817320805","provider":"Freshly Printed Books","version":"1.0","type":"link"}