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As a vehicle for the growing association of southern nationalists and Marxists, dependency theory is an important part of the history of our times, something much more than a school of academic writing. Whatever the varieties of analysis existing within this school (and there are many), a major historiographie shortcoming is common to most of its literature: having grasped the Hegelian insight that the whole is greater than the sum of its parts, dependencistas exaggerate the point, making the mistake of refusing any autonomy, any specificity to the parts (southern countries) independently of their membership in the whole (the imperialist system established by the North). A better approach to the study of the place of the South in the international system is to emphasize the variety of state structures present there with their different abilities to mobilize forces internally and translate this into international rank. Southern …