Monday, July 7, 2014

Why is Mexico in poverty when they are 13th in GDP?

Why is Mexico in poverty when they are 13th in GDP?
They make more money than most European nations, they have the oldest University in the Western hemisphere(yeah I was pretty shocked when I found out too) damn corruption sucks!
Politics - 14 Answers
Random Answers, Critics, Comments, Opinions :
1 :
graft and corruption from the top down...it never trickles down to the masses who need it, so poverty reigns.
2 :
Corruption.
3 :
its the rich that make the money there. the rest are dirt poor.
4 :
you know how people complain there is no middle class in the United States? Well, there is even less of one in Mexico. The rich are extremely rich, the rest....
5 :
good qwed
6 :
corrupt government and catholic church.
7 :
crooked leadership
8 :
It takes a more in depth look into the history of latin america. Mexico was colonized by Spain, and Spain consequently mined all of the natural resources out of it. During the 17 and 1800s Spain was the richest country due to the resources from Mexico. Their colonization left a culture of a few elite and the rest were workers. That still lives on today in most of Mexico. Even when they try to pass into more democratic waters, the entrenched elite find a way to stifle it. So a better question is Why is Mexico and Latin America's level of inequality the highest in the world? It is due to their unique colonization that still has a profound effect on their society and government. Look up their distribution of wealth and you will find a reason for the poverty.
9 :
The rich get richer, the poor get poorer and they have no middle class. Hmm...
10 :
"Trickle down economics". Top down ideology, ran by fascists, dictators and common criminals. Pretty much where we are headed, sadly with our middle class disappearing and the rich getting outrageously richer. Doesn't take an expert or a cynic to realize this, open a history book and there it is.
11 :
it is corruption some bastards take all the money and the rest come to US and make us poor
12 :
Corruption and the government/richest people in the country keep all the money for themselves and don't aggressively work to improve the lives of all the Mexican people by building up the infrastructure. There's many reasons why the poorest Mexicans run for the border.
13 :
Whatever answers you come up with bear in mind that the US too has significantly higher rates of poverty than most European countries.
14 :
Well, first of all, they are much bigger than most European nations. You should look at GDP per capita, not total. Also, the wealth distribution is skewed. Most of the money is in the hands of a few people.