Abstract
The economic activities of the state have rightly been regarded as a crucial factor in the remarkably rapid process of capitalist expansion experienced by Mexico in the two decades after the Second World War, and must also be seen as such in the imbalance that has emerged over the last ten years –an imbalance that itself led to an accelerated growth of the public sector. State intervention in the process of capital accumulation during the period of dependent import-substituting industrialization is common to the experience of Latin America as a whole, but in Mexico the scale and scope of this intervention appear to have been greater than elsewhere, generating an important debate over the size of the Mexican public sector in the 1960s, and now providing a significant case to be examined in the light of current discussions as to the relative autonomy of the state in capitalist economies.
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