Mexico: Revolutionary Promise

Mexico's revolution finally caught up last week with a promise made long ago to industrial workers. The constitution written in 1917 calls for capital to share its profits with labor. The rhetoric was impressive, but the constitution was vague on precisely how to go about it. Over the years, labor and management could never agree on a plan. In 1961 Mexico's Congress approved a constitutional amendment—later ratified by a majority of Mexico's 29 states—giving the government power to force a settlement. Now outgoing President Adolfo López Mateos has signed the profit-sharing...

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