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Jenkins of Mexico Andrew Paxman (, Center for Research and Teaching in Economics (CIDE))

Jenkins of Mexico By Andrew Paxman (, Center for Research and Teaching in Economics (CIDE))

Jenkins of Mexico by Andrew Paxman (, Center for Research and Teaching in Economics (CIDE))


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Summary

This is a biography of the American who became the richest man in Mexico.

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Jenkins of Mexico Summary

Jenkins of Mexico: How a Southern Farm Boy Became a Mexican Magnate by Andrew Paxman (, Center for Research and Teaching in Economics (CIDE))

In the Mexican city of Puebla, several decades ago, there lived an old American as wealthy as a Rockefeller. He strode the streets with a purposeful step and his head slightly bowed, as though he wished not to be interrupted. For daily visits to his country club, he had his chauffeur drive him, in one of his second-hand Packards. But he walked often enough that his aspect was familiar to all who lived or worked near his downtown home: tall and well-built, cropped hair beneath a black fedora, and seeming always to wear the same black tie and shabby dark suit. His head was large and solid, like a marble bowling ball, the roundness interrupted by a stern jaw and heavy chin. His blue eyes were sharp. William O. Jenkins, said to be the richest man in Mexico, had an austere routine. He rose early and worked all morning in his office, which shared the same vast space as his apartment: the penthouse above Puebla's leading department store. Though his assets included several hundred movie theaters, substantial rural and urban real estate, various textile mills, and Mexico's second-largest bank, his entire staff consisted of a personal assistant, an accountant, and a secretary. People who came to him for money - a farmer hoping for a loan, a businessman seeking venture capital, a state governor keen for him to finance a school - all had to climb the ninety stairs to his rooms. Even as an octogenarian, he refused to install an elevator, for he was a champion of physical fitness and advancement by merit. And of course he was frugal. On more than one occasion, visitors entered his office to find him peeling an unmarked stamp from an envelope. He would explain: "I hate to see anything go to waste." The biography looks at the significance of William Jenkins within the formative period of the Mexican Revolution and the several decades of political institutionalization and evolution that follow it. The author shows Jenkins' involvement, particularly in the state of Puebla, in politics and economics, and details his ability to survive and keep and develop major holdings despite the anti-American ethos of the Revolution itself. It also delves deeply into his personal life and the choices that he made between the well-being of his wife and daughters and his own desire to maintain his important social, political, and economic position in Mexico. It explores at length Jenkins's kidnapping in 1919 which some U. S. politicians tried unsuccessfully to exploit to cause U. S. intervention in Mexico. At the same time, it explores anti-American sentiment in Mexico extensively, and it also discusses a kind of "Black Legend" that developed around Jenkins that lasted for many years, indeed, until the present. Nevertheless, he shows that Jenkins overcame the setbacks and bad publicity to become exceptionally wealthy and active in many areas, ranging from sugar production to the development of a huge and virtually monopolistic network of movie theaters in the country. However singular his persona, Jenkins illustrated how much the "revolutionary" state depended on the business elite: at first for its very survival, then for the ascendance and supremacy of its conservatives, whose ideological descendants remain in power today. This book is a larger than life biography featuring Mexican history, American history of the late 19th/early 20th century, borderlands history, the history of business, and US-Mexican diplomatic history. Written with verve, it should appeal to general readers interested in business history, readers of biography, and those interested in the Mexican Revolution.

Jenkins of Mexico Reviews

"Deeply researched and vividly written....Paxman has produced a novel and often brilliant analysis of business and politics in modern Mexico....Paxman's interpretation of multiple industries--textiles, film, sugar, banking, philanthropy--is deft, and his research is extraordinarily deep and broad....Paxman has produced a complex, significant biography that provides an essential interpretation of Mexico's modern economic, political, and social institutions."--Susan Gauss, Business History Review "Jenkins of Mexico is a well-researched, interesting, engaging biography of an enigmatic, conflicted, complex man, who some argue became one of the richest men in Mexico....The author masterfully describes how Jenkins created businesses partnerships in Mexico by striking deals with the Mexican and political elite, simultaneously safeguarding his wealth and avoiding paying taxes in the US. His ventures into Mexican capitalism included sugar plantations and movie theaters. Throughout the text, the author describes how Jenkins's politicking evolved and eventually affected national politics through a loan he made to then future President Manuel Avila Camacho. This book, rich in details, is highly recommended for serious students of Mexican history and politics. Highly recommended."--CHOICE "Historian Paxman's exhaustive biography of the enigmatic William O. Jenkins reveals that his life had romance, high adventure, mystery, and (movie) magic...[Jenkins of Mexico] is an impressive accomplishment, and readers interested in the evolution of the modern Mexican state will find a fascinating treasure trove here."--Booklist "Researched with care and written with verve, Andrew Paxman's highly original study of the long and convoluted life of William Jenkins-entrepreneur, patriarch, philanthropist, and political fixer--is a fascinating read; it also sheds ample light on business and political (mal)practices during the Mexican Revolution and subsequent decades of state-formation and economic growth. For once, a book that manages to combine cogent scholarly research and stylistic flair."--Alan Knight, author of The Mexican Revolution "No one has shown the life of any other US businessman in such engaging detail during these decades. Through Jenkins's life Andrew Paxman has been able to show very clearly Mexican political and economic development outside of but impinging on Mexico City."--Linda B. Hall, University of New Mexico "Paxman's masterful biography is the story of an enigmatic American in Mexico. Above all, Jenkins of Mexico demonstrates the chameleon-like character of capital's--and the capitalist's--pursuit of financial and personal rewards wherever they could be found, on farms, in cinema, and in charitable foundations. Given the staggering inequalities of our own times, it's a lesson as valuable today as it was during the days of Jenkins."--Geraldo L. Cadava, author of Standing on Common Ground: The Making of a Sunbelt Borderland "A wonderful achievement and a path-breaking example of what good biography can achieve. Andrew Paxman's impressively researched study of a hugely influential US businessman is also a rich political and economic history of twentieth-century Mexico. William Jenkins, traditionally caricatured as benevolent hero or imperialist meddler, emerges as a complex and contradictory figure."--Barry Carr, La Trobe University "Jenkins of Mexico is a well-researched, interesting, engaging biography of an enigmatic, conflicted, complex man, who some argue became one of the richest men in Mexico....This book, rich in details, is highly recommended."--CHOICE "Magnificent...Paxman has written a work that interweaves the personal and family take of Jenkins with a broad examination of Mexican history from the early 20th century until the 1960s-a remarkable achievement...The book is held together by its systematic analysis of the shifting relationships between government and business, and between political power and capital in the context of the Mexican revolution and the changes it produced in subsequent decades...Thoroughly researched, this book is written with outstanding elegance, skill, and persuasion. Jenkins of Mexico is both a major history of state-business relations during the first half of the 20th century and a superb biography."--Wil G. Pansters, European Review of Latin American and Caribbean Studies "Andrew Paxman has written the definitive account of William Jenkins-often considered the richest man in mid-twentieth century Mexico. Paxman's lengthy biography is extensively investigated and...this, combined with Paxman's spirited writing style, makes for a compelling read that will engage scholars interested in modern Mexico, bilateral relations, and the evolution of capitalism in the developing world...The interdependent relationship between big business and the Mexican government enabled both sides to get what they wanted, often at the expense of Mexico's working poor despite revolutionary rhetoric to the contrary...In recent years, as Mexico democratized, and the shortcomings of the Revolution are more readily admitted, critical views of Jenkins have softened and a more balanced portrayal of this complex figure has emerged. Paxman's excellent biography of Jenkins is at the forefront of this important historical revision."--John J. Dwyer, Diplomatic History

About Andrew Paxman (, Center for Research and Teaching in Economics (CIDE))

Andrew Paxman teaches history and journalism at the Center for Research and Teaching in Economics (CIDE) in Mexico City and Aguascalientes. He is the co-author of El Tigre, a biography of the Mexican media mogul Emilio Azcarraga Milmo.

Table of Contents

Introduction: The Black Legend of William O. Jenkins Chapter 1: Coming of Age in Tennessee Chapter 2: Fortune-Seeking in Mexico Chapter 3: How to Get Rich in a Revolution Chapter 4: Kidnapped, Jailed, Vilified Chapter 5: Empire at Atencingo Chapter 6: Resistance at Atencingo Chapter 7: With Maximino Chapter 8: Mining the Golden Age of Mexican Cinema Chapter 9: Enterprise, Profiteering, and the Death of the Golden Age Chapter 10: The Jenkins Foundation and the Battle for the Soul of the PRI Chapter 11: Jenkins' Earthly Afterlife Epilogue: The Mixed Legacy of William O. Jenkins Acknowledgments Notes Bibliography Index

Additional information

CIN0190455748VG
9780190455743
0190455748
Jenkins of Mexico: How a Southern Farm Boy Became a Mexican Magnate by Andrew Paxman (, Center for Research and Teaching in Economics (CIDE))
Used - Very Good
Hardback
Oxford University Press Inc
2017-06-08
544
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Jenkins of Mexico