A look at the huge income disparity in Mexcio. While the poor in Mexico are much poorer, it is interesting to compare the Mexican disparity with the disparity in the U.S. In 2007, the top ten percent (those earning over $109.000 per year) controlled nearly 50% of the income. Would this author agree that this disparity also "suggests a failure in governance -- in particular, a failure to control monopoly (read ´corporate' ) profits at the top and to create opportunities at the bottom"?
NPR: Even by Latin American standards, Mexico is an unequal country — the bottom fifth of the country earns about 4 percent of the income while the top tenth controls 41 percent, according to the World Bank. That a country could see such disparities suggests a failure of governance — in particular, a failure to control monopoly profits at the top and to create opportunities at the bottom.
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