Political and economic pundits have coalesced around a narrative that incumbent parties across the globe lost in the last two elections due to high inflation, economic insecurity, and low quality of life for working people. However, Mexico's Morena party, with a laser-like focus on improving economic conditions for working people and low-income families, just won two straight landslide victories, secured supermajorities in both legislative chambers, and beat their closest competitors by over 20 percent. What lesson can politicians across the globe learn from the Morena Party's success overcoming decades of trickle-down economics domination? ------------------------------------------------------------------------------------------------------------------------------------------------------------------ This is an excerpt from the Pitchfork Economics podcast. You can find the full podcast here: https://www.youtube.com/watch?v=zmuZ1ZKnVpA Trickle-down economics is a political and economic worldview in which tax-cuts for the rich, deregulation for the powerful, and wage suppression for everyone else is necessary to achieve economic prosperity. These areas are widely debunked but it is nevertheless pervasive across most countries in the world. Kurt Hackbarth is a writer, playwright, and freelance journalist who contributes to Jacobin Magazine and co-founded the independent media project “MexElects.” His writing often explores the complexities of global affairs and the impact of neoliberalism on society. If you are interested in more stories from Mexico's politics, check out Soberania: The Mexican Politics Podcast - https://podcasts.apple.com/us/podcast/soberan%C3%ADa-the-mexican-politics-podcast/id1727600415
Mexico "one of the few bright spots in the world right now" "For the good of all, the poor come first" www.youtube.com/watch?v=Zx_x...
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