But in those years, this moment of promise, the “Good Mexico” came into conflict with a “Bad Mexico” where assassins and criminals roam freely, and corruption and injustice are the norm. In this Mexico, impunity reigns and the rule of law exists only for those who can pay for it. This “Bad Mexico” predated Salinas’s reforms, and it persists today.

NAFTA took effect in 1994. That same year, an armed rebellion broke out in the impoverished state of Chiapas, the PRI’s presidential candidate and its secretary-general were assassinated, and the country’s economy collapsed. Thrashed by his own political allies and public opinion, alike, Salinas exiled himself, while his brother Raúl was accused of murder and jailed.

Poor economic conditions and an avalanche of corruption scandals created a toxic political climate that undermined attempts to modernize the Mexican economy or unshackle it from business and labor cartels. Not surprisingly, trust in government—which was always low—evaporated. Bad Mexico thrived.

History is now repeating itself with unusual precision. Since assuming office in 2012, Peña Nieto has declared war on multiple fronts simultaneously. He’s raised taxes (of all OECD countries, Mexico collects the least taxes as a percentage of GDP), advanced a tough anti-monopoly law, forced greater competition in television and telecommunications, and allowed foreign investment in the oil and energy sector—a move that had been anathema to the presidents that preceded him. He has also proposed cleaning up Pemex, the notoriously corrupt national oil company, and overhauling the education system by insisting that teachers undergo evaluations that, if failed, could cost them their jobs. He’s jailed Elba Esther Gordillo, the once-unassailable leader of Mexico’s teachers’ union, accusing her of embezzlement and organized crime; he’s even brushed up against the interests of the world’s second-richest man, Carlos Slim, and Televisa, the giant media conglomerate, both of which were previously off limits as well.

In many countries, people would applaud a president who undertook such measures. Not in Mexico, where Peña Nieto’s approval ratings have nosedived since the start of his term and where many people seem to doubt that his reforms are in the country’s (or their) best interests. And recent events seem to confirm their worst suspicions. The suspected abduction and murder of 43 students in the city of Iguala by a drug gang, with the involvement of corrupt law-enforcement officials, has highlighted nefarious collaboration between cartels and local authorities. Meanwhile, the government recently canceled a $3.7 billion high-speed rail contract when critics accused the PRI of awarding the deal to a Chinese company through a rigged bidding process. And just this week, First Lady Angelica Rivera announced she would sell her stake in the family’s private mansion after reports surfaced that she had purchased the property with help from a private company that had won lucrative government contracts while Peña Nieto was a governor. These scandals have generated a political environment as poisonous as the one that marked the end and aftermath of the Salinas presidency.