ISSN: 1870-1442

:: Number 34 (September - December 2019)


Dominant mainstream economics, both in theory and in economic policy, has prevented, through various mechanisms, the exploration of alternatives emerging from the Great Recession; it is this current of thought, together with the powerful financial sector, which created the conditions for the 2007-2008 crisis, and which apparently continue to impose solutions whose inconsistencies have already been proven.

In the present installment, issue 34 of www.olafinanciera.unam.mx, various academics critically analyze several subjects to verify, from theoretical perspectives at different levels, that the recidivism in the methods of the dominant theory, have not been able to find a way out of post-crisis financial fragility. It is thus revealed that the great financial interests that dominate the landscape are the only ones that have benefited, while societies in general, in both developed and emerging countries have been condemned to pay the consequences. The social and economic costs are evident in higher unemployment, worse wages and deplorable jobs, increasingly precarious living conditions with deteriorated public services, especially in health and education, etc.

One of the countries that has seen these conditions has been Mexico; a space where dominant strategies have had powerful negative effects. A dramatic example is the automotive industry, focused mainly on exports, based on low wages, and dominated by foreign capital that has been oriented more towards financial markets than material production, accelerating the vulnerability of the large numbers of workers in this industry.

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OLA FINANCIERA, Vol. 12 No. 34,    September-December 2019, is a quarterly publication, with international arbitration, edited by Universidad Nacional Autónoma de México by Instituto de Investigaciones Económicas, Ciudad Universitaria, Circuito Mario de la Cueva s/n, Ciudad de la Investigación en Humanidades, Coyoacán, C.P. 04510, México, D.F. Tel.+52 (55) 5623-0131, and Faculty of Economics, Ciudad Universitaria, Circuito Interior s/n, Coyoacán, C.P. 04510, México, D.F., www.olafinanciera.unam.mx, ola.financiera.unam@gmail.com Editor in charge: Dr. Sergio Cabrera Morales. Reservation of Rights to Exclusive Use: 04-2013-050912324700-203, ISSN electronic: 1870-1442. Responsible for the last update of this issue, Ing. Jesús Garrido López, Circuito Mario de la Cueva s/n, Ciudad de la Investigación en Humanidades, Ciudad Universitaria, Coyoacán, C.P. 04510, México D.F. date of last modification, May 03, 2019.

The opinions expressed by the authors do not necessarily reflect the position of the editor of the publication.

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