Summary
Much has been said about the Revolution of 1910. The interpretation of the events surrounding the Revolution could very well be flawed. The fact that life under the dictatorship of Diaz was harsh for the debt peons cannot be denied. With the rise of the Revolution the debt peonage system was abolished by force. This made Mexico one of the last countries in the world to rid themselves of this debilitating form of labor. The results were the backwardness that ensued, much like contemporary Russia.
Diaz was a modernist in that he welcomed foreign investment and the development of modern industry. The drawback was that the income derived from the foreign investment would go to foreign countries in essence making Mexico just another colony, unsupported of course, of whoever invested in her. Money from the sale of oil lined the pockets of the United States' Standard Oil company while US workers there made exceptionally better pay than their Mexican counterparts.
The Revolution's legacy has been the PRI and their political machine. However, the PRI has made Mexico a modern country and provides Mexicans with a stable form of government to foster rational foreign investment.