Ellen Brown: Mexico Shows World How to Defeat Neoliberalism
8 min readFeb 8, 2020
Originally appeared in TruthDig FEB 06, 2020
While U.S. advocates and local politicians struggle to get their first public banks chartered, Mexico’s new president has begun construction on 2,700 branches of a government-owned bank to be completed in 2021, when it will be the largest bank in the country. At a press conference on Jan. 6, he said the neoliberal model had failed; private banks were not serving the poor and people outside the cities, so the government had to step in.