Mediatic Point of View
Although the armed phase of the Mexican revolution had ended in 1920, Mexico had continued to encounter political unrest. A grave political crisis caused by the 1928 assassination of president-elect Álvaro Obregón led to the founding in 1929 of the National Revolutionary Party (Spanish: Partido Nacional Revolucionario, PNR) by Plutarco Elías Calles, Mexico's president from 1924 to 1928. The intent was to institutionalize the agreements result of Mexican Revolution. In the first years of the party's existence, the PNR was, above all, the only political machine existing. As 'President' of the government, the executive President continued to hold executive power as in an era known as the Maximato. The following presidents of this period, Emilio Portes Gil, Pascual Ortiz Rubio and Abelardo L. Rodríguez were from the same ideology as Plutarco Elias Calles.
This ended with the election of Lázaro Cárdenas, a candidate handpicked by the liberal PNR leaders. Though the now strongly conservative Calles thought he could control him, it quickly became clear Cárdenas would not accept a subordinate role like his predecessors did. After establishing himself in the presidency, in 1936 Cárdenas had Calles and dozens of his corrupt associates arrested or deported to the United States. Cárdenas became perhaps Mexico's most-popular 20th-century president and most renowned for expropriating the oil interests of the United States and European petroleum companies in the run-up to World War II. He was a person of leftist ideas who nationalized different industries and provided many social institutions which are dear to the Mexican people and had the party renamed to Party of the Mexican Revolution (PRM). Cárdenas' successor Manuel Ávila Camacho gave the party its present name in 1946.
From 1929 to 1982, the PRI won every presidential election by well over 70 percent of the vote—margins that were usually obtained by massive electoral fraud. Toward the end of his term, the incumbent president in consultation with party leaders, selected the PRI's candidate in the next election in a procedure known as "the tap of the finger" (Spanish: el dedazo). In essence, given the PRI's overwhelming dominance, the president chose his successor. The PRI's dominance was near-absolute at all other levels as well. It held an overwhelming majority in the Chamber of Deputies, as well as every seat in the Senate and every state governorship.
After several decades in power the PRI had become a symbol of corruption and electoral fraud. Consequently, its left wing went on to form its own party the Party of the Democratic Revolution (PRD) in 1989. The conservative National Action Party (PAN) became a stronger party after 1976 when it obtained the support from businessmen after recurring economic crises. The growth of these two parties culminated in the loss of the presidency in 2000, won by the PAN and in 2006, won by the PAN with a small margin over the PRD. Many prominent members of the PAN (Manuel Clouthier, Addy Joaquín Coldwell and Demetrio Sodi), most of the PRD (most notably all three Mexico City mayors Andrés Manuel López Obrador, Cuauhtémoc Cárdenas and Marcelo Ebrard), the PVEM (Jorge González Torres) and New Alliance (Roberto Campa) were once members of the PRI, including many presidential candidates from the opposition (Clouthier, López Obrador, Cárdenas, González Torres, Campa and Porfirio Muñoz Ledo, among many others).
The PRI was criticized for using the colors of the national flag in its logo, something considered not unreasonable in many countries, but frowned upon in Mexico, while there is no law that forbids this act. Critics claim electoral fraud, with voter suppression and violence, was used when the political machine did not work and elections were just a ritual to simulate the appearance of a democracy. However, the three major parties now make the same claim against each other (PRD against Fox's PAN and PAN vs. López Obrador's PRD, and the PRI against the PAN at the local level and local elections such as the Yucatán state election, 2007). Two other PRI presidents Miguel de la Madrid and Carlos Salinas de Gortari privatized many outmoded industries, including banks and businesses, entered the General Agreement on Tariffs and Trade and also negotiated the North American Free Trade Agreement.
Greater economic stability since the last major economic crisis in Mexico (the 1995 peso crisis) was achieved in great part through economic reforms begun under Ernesto Zedillo, who was the last successive PRI-nominated president to serve since the Mexican Revolution, and whose tenure commenced just as the peso crisis was coming to a head. Subsequent administrations maintained stability with continued assistance from PRI members such as Secretary of Finance Francisco Gil Diaz and Bank of Mexico Governor Guillermo Ortiz.
Read more about this topic: Institutional Revolutionary Party
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