This paper seeks to answer two questions: Is Leopoldo Zea’s position on the neocolonialist system of his days outdated with regard to the situation many of us are living in Mexico and other countries in the world, subject to neocolonial domination right now; or is it possible and pro-per to consider his position as a way of criticism and even as an action proposal to the colonialist outlook nowadays? Why do we hold one position or another? To answer both questions the term ‘neocolonialism’ will be defined and positioned within a historical and theoretical framework. In addition, we will discuss some of the ways this system of domination in Latin American countries is recently manifested. Also, we will offer some of the most important insights Zea had into account when understanding, describing and explaining this situation, and some possible proposals for reflection and action into it.