Enrique C. Creel: Business and Politics in Mexico, 1880–1930

Mark Wasserman

Business History Review, 1985, vol. 59, issue 4, 645-662

Abstract: Enrique C. Creel was Mexico's leading banker, an innovative industralist, venture capitlist, and representative of the nation's largest land and cattle owner; he was also the political boss of the state of Chihuahua and the key conciliator of the conflicting intersts of the north and the national regime of dictator Porfirio Díaz. In this essay, Professor Wasserman describes Creel's activities, showing how he and his family built the greatest business empire in Mexico before 1910, survived the decade-long destruction of the revolution (1910–20), and rebuilt their empire in the 1920s. Better than any of his contemporaries, Creel combined managerial talent and vision with a mastery of the interplay of politics, regional interests, and foreign capital that comprised his economic entrepreneurship and the special nature of economic entrepreneurship and the intimate relationship between business and politics in pre-and post-revolutionary Mexico.

Date: 1985
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