"Globalization is a fact of economic life"
About this Quote
The timing matters. In the late Cold War and immediate post-Cold War years, leaders across the hemisphere were selling privatization, deregulation, and trade integration as the price of admission to modernity. Mexico was emerging from the debt crisis of the 1980s, desperate for investment and credibility. Salinas’s reforms were framed as pragmatic rescue, but they also rewired power: shifting leverage toward export industries, technocrats, and foreign capital, while exposing farmers and workers to competition they didn’t choose.
The subtext is a wager about sovereignty. Globalization here isn’t merely cross-border exchange; it’s an argument that national policy should align with global markets, even if the social costs are local and immediate. By presenting the world economy as a settled "fact", Salinas seeks to end the argument before it starts - and to make his preferred future feel like the only available present.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Gortari, Carlos Salinas de. (2026, January 14). Globalization is a fact of economic life. FixQuotes. https://fixquotes.com/quotes/globalization-is-a-fact-of-economic-life-132039/
Chicago Style
Gortari, Carlos Salinas de. "Globalization is a fact of economic life." FixQuotes. January 14, 2026. https://fixquotes.com/quotes/globalization-is-a-fact-of-economic-life-132039/.
MLA Style (9th ed.)
"Globalization is a fact of economic life." FixQuotes, 14 Jan. 2026, https://fixquotes.com/quotes/globalization-is-a-fact-of-economic-life-132039/. Accessed 12 Feb. 2026.





