Dependency theory
In his analysis of the impact of "Open Veins", Director of Georgetown University’s Center for Latin American Studies, Marc Chernik, stated that Eduardo Galeano’s worldview in the book has had transformational consequences for an entire generation of intellectuals, students, and politicians. One consequence was the rise of a new approach to marginalized communities, who were no longer perceived as “underdeveloped” regions but rather as areas that were striving to overcome the negative impact colonization and imperialism had in the subcontinent. This argument, later known as the Dependency theory, was presented by several authors but it was Galeano who shared the idea with the entire region.