Word: mexicanization
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...should be tied to a hot stove with yucca rope and beaten with sharp dry corn husks as you stand in a vat of soggy fideos. If your racial and cultural ethnicity is Other, then it's about time you learned about the most famous of Mexican singers and actors." -Denise Chavéz, from her 2002 novel Loving Pedro Infante...
...charts love ballads he sang in films sent 10 million senoritas into ecstasy; he crooned, they swooned. The movies he starred in were among the most popular in Latin America; and one, the 1948 Nosotros los pobres...! (We the Poor) is the biggest hit in Mexican film history. He anchored cowboy comedies, historical-political epics and dozens of vein-popping romantic melodramas. He played virginal student-priests (in El Seminarista -The Seminarian) and rogues who at the crack of dawn rose from a lady's bed and jumped out the window (in Dicen que soy mujeriego -They Call...
...sorts in the ongoing cacophony over hemispheric issues like illegal immigration. One of the stiffest challenges facing Mexico's conservative new President, Felipe Calderon, is the creation of almost a million new, decent-paying jobs a year. But first, say most economists, Calderon has to accept a task that Mexican governments historically have dismissed - that is, regulate the monopolies, which lord over every industry from cement to broadcasting, and chip away at their epic privileges. The big reason for that urgency: the majority of Mexican workers are employed not by Big Business but by the nation's beleaguered small...
...which explains why few Mexicans were doing hat dances this week when Forbes announced that Slim, 67, had suddenly passed U.S. investment wizard Warren Buffett ($52 billion) as the world's second-richest person - and may well topple Gates as Numero Uno by the time next year's list is unveiled. Whereas Gates' wealth reflects America's tech leadership, Slim's riches -despite the sweat and savvy that built them - tend to symbolize Mexico's archaic system of monopolies and oligopolies, which helps keep almost half the nation's population in poverty by choking oxygen away from the rest...
...while U.S. authorities have thwarted Gates' subjugation of the PC software business in recent years, Mexico has done precious little to rein in ubiquitous business empires like Slim's - which today accounts for almost half the Mexican stock exchange's $370 billion value and controls a horde of industries ranging from telecom to tobacco. Forbes magazine, in fact, noted that Slim's holdings alone represent about 7% of Mexico's GDP - and that if Gates held a similar share of the U.S. economy, he would be worth $874 billion...