The economist Yanis Varoufakis raises the possibility that we are witnessing a transformation of capitalism into a system he calls "technofeudalism". In the midst of this situation, the question arises about the role that Mexico should play in light of the current trade war.
Varoufakis suggests that the political behavior of Trump and other leaders of the new right primarily responds to the increase in inequality and the emergence of a new economic oligarchy, factors that have left an electorate vulnerable in the face of uncontrolled globalization. The relocation of manufacturing companies from developed countries to developing countries leads to job generation and the deterioration of the social fabric.
In the midst of this economic difficulty, it is crucial to maintain the fight against poverty and inequality to prevent a phenomenon similar to the "Mexican Trump" from arising. The ongoing trade war highlights the importance of diversifying economic alliances to avoid relying exclusively on a single trading partner.
For her part, the head of government of Mexico City, Claudia Sheinbaum, understands that amid this global trade crisis, Mexico is vulnerable and could become one of the main affected parties. In this situation, it is necessary to adapt to a new model of global development that can mitigate the negative impacts of the ongoing trade dispute.
In the context of the trade war between the United States and China, it is evident that nationalism and the search for external enemies become attractive strategies in a scenario of increasing inequality. The escalation of trade tensions also reflects the struggle for technological dominance, especially in areas such as artificial intelligence, where China is gaining ground.
In conclusion, the current situation underscores the need to rethink the neoliberal model of economic growth without redistribution, which can lead to dangerous political extremes. Trade openness and free trade can generate benefits, but it is essential to address the inequalities that arise from this system to avoid crises like the current one.
