López Obrador takes on Mexico’s institutions

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Financial Times  | Tue, Jul 30, 2019

by Jude Webber

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Standing beside a sugar cane farmer who uses a wooden, horse-drawn press to squeeze juice into a plastic bucket, Mexican President Andrés Manuel López Obrador gave a demonstration of his economic world view.

On a visit to La Huasteca last week, near the Bajío region that is Mexico’s high-tech manufacturing powerhouse, the leftwing nationalist president — who prides himself on not having a checking account or credit card — extolled the virtues of artisanal microbusinesses that he said were “as or more important” in terms of job creation and development than big business.

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