This article examines an enduring context of 'passive revolution' in the making of modern Mexico by developing an account of the rise of neoliberalism during a period of structural change since the 1970s. It does so by analysing and understanding both the unfolding accumulation strategy and the hegemonic project of neoliberalism in Mexico since the 1970s as emblematic of the survival and reorganisation of capitalism through a period of state crisis. This is recognised as a strategy of 'passive revolution', the effects of which still leave an imprint on present development initiatives in Mexico. Therefore, through the notion of 'passive revolution', the article not only focuses on the recent past circumstances, but also on the present unfolding consequences, of neoliberal capitalist development in Mexico. This approach also leaves open the question of 'anti-passive revolution' strategies of resistance to neoliberalism.