This landmark work is the first sustained critique of Latin American neostructuralism, the prevailing narrative that has sought to replace "market fundamentalism" and humanize the "savage capitalism" imposed by neoliberal dogmatism. Fernando Leiva analyzes neostructuralism and questions its credibility as the answer to the region's economic, political, and social woes. Recent electoral victories by progressive governments in Latin America promising economic growth, social equity, and political democracy raise a number of urgent questions, including: What are the key strengths and weaknesses of the emerging paradigm? What kinds of transformations can this movement enact? Leiva addresses these issues and argues that the power relations embedded in local institutions, culture, and populations must be recognized when building alternatives to the present order. Considering the governments in countries such as Chile, Argentina, and Brazil, Leiva examines neostructuralism's impact on global politics and challenges whether this paradigm constitutes a genuine alternative to neoliberalism or is, rather, a more sophisticated form of consolidating existing systems.