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The main underlying contradictions in Latin American development are exposed through a systemic analysis of industrial colonialism. Figueroa's critical analysis of present imperialism and the neoliberal mode of knowledge creation provides fresh insights into contemporary underdevelopment and the prerequisites for genuine development in the region.

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Victor Manuel Figueroa Sepulveda (Ph.D., 1980) is a researcher and professor at the Political Science Graduate Program at the Universidad Autonoma de Zacatecas, Mexico. His decades of reasearch have produced original and provocative theses on the region's development and his book Reinterpretando el subdesarrollo: Trabajo general, clase y fuerza productiva en America Latina (Siglo XXI, 1986) was a pioneering work in the field.

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