Alejandro Bendaña

Alejandro Bendaña argues that for every dollar of aid given to developing countries, ten dollars is lost as capital flight. He uses Venezuela to speak to this imbalance and offer an alternative.

If the goal is development—best defined as the sovereign democratic social transformation--then we must not speak of making the present “aid” modalities more effective, but of substituting present day aid and the system in which it unfolds. One begins by questioning the very nature of the more