Work

Mining-metallurgical monopoly capital in Mexico, 1960–2023

Year: 2024

Type: article

Abstract: This study analyzes the historical evolution of monopoly capital in the mining-metallurgical sector in Mexico during 1960–2023, focusing on the cases of the companies Grupo México and Industrias Peñoles. The main corporate strategies used to maintain and expand their control are reviewed, as well as the economic policies and legal changes that occurred in parallel with this process, from the Mexicanization of the industry to the implementation of neoliberal policies. It is concluded that the trajectory of mining monopolies is based on the appropriation of growing revenues through land monopolization and the formation of a corporate-government network, leading to an increasing concentration of wealth and the generation of prolonged socio-environmental conflicts.

Source: The Extractive Industries and Society

DOI: 10.1016/j.exis.2024.101545

Authors: Isidro Téllez-Ramírez, María Teresa Sánchez-Salazar

Institutions: Instituto de Geografía, Universidad Nacional Autónoma de México

Language: English

Topic: Extractivism and Socioeconomic Issues

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: hybrid

Estimated APC paid: $3,740