June 22, 2016
By Renata Bessi and Santiago Navarro F.
Photos: Xiaj Nikte and Niña Salvaje
Videos: SubVersiones, Jarana Films, El Enemigo Común, Desde las Nubes and Avispa Midia
Translated by El Enemigo Común
The reasons why the Mexican government wants to impose the Educational Reform, even if it means killing people, as with the massacre in Nochixtlán by repressive state forces on June 19, are rooted in economic objectives guided by international financial organizations. The reform, proposed by the Organisation for Economic Co-operation and Development (OECD), with the OECD-Mexico Agreement to Improve the Quality of Education in Schools of Mexico, aims to lay the groundwork to shift education from being a State responsibility to instead being resolved in the realm of the financial market.
One of the state’s actions accompanying the Educational Reform is the issuing of bonds to the speculative market. Just over a year after the adoption of the reform, in December 2015, the first educational bonds or National School Infrastructure Certificates (CIEN) were issued by the Mexican Stock Exchange, which investors BBVA Bancomer and Merrill Lynch purchased for 8.581 billion pesos.