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no. 51 | january 2009

no. 51 | january 2009

no. 51 | january 2009

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40 development dialogue <strong>january</strong> <strong>2009</strong> | postneoliberalism – a beginning debatetory power, which have taken shape in the new constitutions elaboratedby their respective societies. 1The dispute with the IMF and the World Bank has created a certaindistance from these institutions and their policies, while the creatio<strong>no</strong>f an alternative institutionality – as yet embryonic – is underwaythrough, for example, ALBA, the Banco del Sur, Petrocaribe 2and others. However, these initiatives do <strong>no</strong>t in themselves indicateguidelines for an anti-capitalist endeavour, but, for the moment, theyopen up a space of greater independence with regard to the worldeco<strong>no</strong>my, which is more propitious for the building of socialism.First, to advance the processes of restoring sovereignty, indispensablein terms of their relation with the major global powers – whetherthese arise from matters of state or business – and to embark on largescalesocial projects of a socialist conception, the strengthening of thestate and its leadership are required. The paradox lies in the fact thatthe state represents an institution created by capitalism to secure privateproperty and social control.The paradox lies in the factthat the state representsan institution created bycapitalism to secure privateproperty and social control.1 A very different case – but one where there is open confrontation with the dominantscheme – is that of Iran. Even though there is <strong>no</strong> pretension here to a transition tosocialism, it would be necessary to study carefully its elements of discord in order tounderstand its particular way out of neoliberalism, if such is possible.2 Translators’ <strong>no</strong>te: ALBA (‘alba’ means ‘dawn’) is the abbreviation for ‘AlternativaBolivariana para las Américas’, a new leftist movement along the Andean–Caribbeanaxis inspired by Simón Bolívar’s dream of a unifi ed American continent. The Bancodel Sur (Bank of the South) will devote fi nancial resources to the accomplishment ofindependent development objectives. Through Petrocaribe’s programme, Venezuela isusing its oil revenues to build a space for solidarity exchanges.

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