Abstract. This paper aims to explain how the approach to territorial development should be part of global actions for a fairer, more sustainable and more united world. Therefore, I have tried to link in this text the critical arguments and social movements that have emerged against the financial, economic and social crisis in developed countries, with the social and socio-environmental movements that have arisen in Latin America and other parts of the world in recent decades. From a wide and deep theoretical reflection, derived from the professional experience acquired in the promotion of Local Economic Development initiatives, both from the theoretical point of view (when carrying out teaching and advising tasks to multiple public administrations) and practical (through research-action), a synthetic explanation is developed on the predominant development paradigm and the current climate crisis, gathering the projections on global warming that such paradigm implies, in order to advance in the need to question international free trade. Based on this presentation, and taking the example of Latin America and the Caribbean as a starting point, it points out how the "new" extractive export model operates and the accumulation by dispossession of common goods (health, education, housing, basic needs) and natural common goods (access to water, environment, biodiversity, quality of life), to finish by betting on the construction of an alternative development paradigm through concrete actions, presented as future lines of public, private and social action.