April, 1977
VIDA
Page 7
MEXICO
Jose Lopez Portillo, Mexico’s
new president, assumed office on
December 1 in the midst of the
most difficult crisis yet faced by
the capitalist world’s oldest
single-party state. Since Lopez
Portillo’s election on July 4, two
major events have raised serious
doubts about the ruling Institu¬
tional Revolutionary Party’s (PRI)
ability to continue its traditional
vacillation between populism and
repression.
September 1, the government
announced the first of a two-step
100% devaluation of the peso, and
then on November 19, out-going
President Luis Echeverria exprop¬
riated nearly 250,000 acres of pri¬
vate farm land for distribution to
angry peasants. Both the devalua¬
tion and the land expropriation
are elements of the delicate politi¬
cal juggling act which has come to
characterize the PRI, which grew
out of Mexico’s 1910 Revolution.
Since that Revolution — which
was fought and won by peasant
armies but soon came under con¬
trol of a rising industrial class —
the ruling party has based its
power on the shaky balance of
these two elements. It has sought,
on the one hand, legitimacy in the
eyes of workers and peasants by
offering periodic social reforms.
And, on the other, it has pursued
the growth of a free-enterprise
economy based on unparalleled
concessions and incentives to
private, and especially foreign,
capital.
Immediately after the Revolu¬
tion and then again in the ’30s,
extensive agrarian reform and
progressive trade union legisla¬
tion gained the support of workers
and peasants. But since World
War II, demands of the working
class have been increasingly sub¬
ordinated to the needs of foreign
and national industrialists.
DEVALUATION:
INFLATING PROFITS
The recent devaluation of the
peso is the logical result of this
pattern of development, which
has made Mexico increasingly
dependent on U. S. market. About
three-fourths of Mexico’s trade is
with the United States. As Mexi¬
cans say, when the U. S. economy
catches cold, Mexico gets
pneumonia.
When the international reces¬
sion of the early ’70s began to re¬
strict the U. S. market — and espe¬
cially after President Nixon raised
U.S. tariffs on imports in
1972 — Mexico’s trade balance
went increasingly into the red.
Last year Mexico’s trade deficit
was more than $3 billion.
Added to the trade deficit are
the billions of dollars spent by the
government to subsidize cheap
oil, electricity, railroads and the
like for private business. In 1974
alone, the government spent $1.3
billion to make up for losses in
these industries — a subsidy that
particularly benefits the manufac-
turing'sector, 40 percent of which
is controlled by multinational
corporations. At the same time,
Mexico’s spending on social ser¬
vices has lagged far behind that of
other large Latin American na¬
tions.
The huge government deficits
resulting from these subsidies
have forced Mexico to borrow
heavily from foreign banks and
from international financial in¬
stitutions like the World Bank and
the International Monetary Fund.
By this fall the trade deficit and
the massive borrowing had
pushed Mexico’s total foreign
debt over $20 billion — eight
times greater than its debt of six
years ago, and one of the largest of
any Third World country.
The devaluation was intended
as a step towards reducing the
country’s balance of payments de¬
ficit, something Mexico’s cre¬
ditors have been pressuring for. In
theory, devaluation is supposed
to reduce imports by making them
more expensive in Mexican cur¬
rency, and stimulate exports by
making them cheaper on the in¬
ternational market. But in prac¬
tice, imports cannot be signific¬
antly reduqed without serious
negative effects on the economy,
since the bulk of imported items
are essential for industry and food
consumption.
Since the Mexican devaluation
is combined with wage freezes,
the brunt of the economic burden
will be borne by the working
class, while private industry will
be able to recoup the profits
eroded by the international reces¬
sion of recent years. After the re¬
cent 100% devaluation, prices on
many basic consumer items
nearly doubled, while wage in¬
creases were held to only 22%.
The result was a larger profit mar¬
gin for private industry. The new
(Continued on Page 8)
Asian-American Student Association:
A Declaration
There is a new voice at LMU;
the flowering of a new awareness.
The Asian-American Student
Association was formed to share
the experiences and to promote
the interests of the Asian Ameri¬
can. These experiences and needs
have remained unexpressed and
ignored for too long. The situation
must be rectified. It is the aim of
the AASA to achieve solidarity
among diverse Asian as well as
other Third World peoples, and
through various social, cultural,
and political activities, to estab¬
lish better understanding & com-
municaion with the LMU com¬
munity at large.
The AASA recognizes that
Asians include a wide range of
peoples, each with a distinct cul¬
ture and identity, but because of
the reality of living in America it
has become necessary to form an
alliance to preserve those iden¬
tities and to form an alliance to
preserve those identities and to
have our voices heard. Our com¬
mon experiences have been racial
oppression, and, for many still,
economic disadvantage. The idea
that Asians are a model minority
who have “made it’’ and have
successfully assimilated is a myth
and a lie, especially when assimi¬
lation means nothing but the an¬
nihilation of all those feelings and
impulses in our hearts and souls
which characterize us as Asian, be
it Chinese, Japanese, or Pilipino.
We can no longer pretend that this
isn’t the case. It is not enough to
make personal, or short range sac¬
rifices, to quietly “move up” as
individuals, yet all the while re¬
maining withdrawn into our own
world, the ghetto of the mind.
There must be a united, concen¬
trated, and open effort at defeating
racism, prejudice, and ecoinomic
as well as racial discrimination on
all fronts.
The Asian American Student
Association therefore welcomes
all who care and have the courage
and determination to join in the
struggle.
DARE TO STRUGGLE»
DARE TO WIN!
Anyone interested should send
their correspondence to Campus
P.O. Box 224.
(VIDA would like to extend its
congratulations to the AASA on
its formation and we welcome the
opportunity to work together to
realize the common endeaors we
all are working towards.]
The need is there. We can’t afford to forget.
Experanza
por
M. Duran
Esperanza is the oldest of my
family. She was only six years old
when my family moved to
California. My mother tells the
storry of how much Esperanza
cried when she was told that we
were leaving Mexico and that she
would have to leave her friends
behind. She even hid for a few
hours the day before we left. We
all laugh at that now, but she still
says it hurts her to remember why
we had to leave.
We couldn’t afford to continue
living in Mexico. There had to be a
way out. California seemed like
the only place to try to make it.
Esperanza talks about the way
things were when she arrived in
California. There were cars in the
street that went every which way.
There were big markets with the
shelves filled with cans and bot¬
tles of unrecognizable things. She
wanted to go home, to spend the
afternoons with the old ladies
down the street.
“I hated California. But now
things are different. I wouldn’t
want to go back. My home is here.
I’m an American.”
She repeats these lines over and
over. They are almost like a litany.
Esperanza is 28 years old, mar¬
ried, has two children, a home,
and a working husband. They
have moved out of Los Angeles, to
the suburbs. They don’t like living
in the ghetto. When she copies
over to visit on Sunday, she parks
the car in the driveway, makes
sure it is locked, and closes the
gate to the fence. I always ask her
why she does that and she always
replies, “I don’t trust the niggers
around here.”
She doesn’t trust the niggers.
Iwish I could tell her to remember
when she first started school here
in Los Angeles. Weren’t her first
friends black? Didn’t she even
once date a black guy? She never
locked her car then. But I suppose
you can call her a member of the
white flight away from the inner
city. The groups of people that
had to leave it all behind and seek
safety somewhere else. It seems as
though she almost wants to leave
her culture behind. I remember
the day she came home and told
my mother that she had legally
changed her name.
“My name is Hope now, I drop¬
ped the Esperanza. It’s easier for
some people to pronounce.”
“Sure it’s easier for your white
friends to pronounce,” answered
my mother.
I still feel very close to Es¬
peranza, but sometimes I wish
that she could share some of our
experiences. Sometimes when we
go to Mexico, I wish that she
would say that she would like to
go with us, at least to visit the fam¬
ily. “I’d rather go to Hawaii. I’ve
already been to Mexico.”
Her oldest girl is fgive years old
and speaks very broken Spanish.
“Oh, she’ll learn it later. Besides it
isn’t that important. I only use my
Spanish when I come down here
to visit my mother.”
ALMA DEL BARRIO
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