Abstract
Abstract This paper explores Hispanic American literary modernism in light of the theoretical studies of World Literature. Regarding the periphery-center relationship, prevails the idea that there is a hierarchy that positions cultures and, implicitly, literature, near the European center. The focus is on Latin American modernism because it shows that there is a dystopia of the periphery-center relationship. After all, modernism is, in fact, creation and, at the same time, an obsession with the peripheries, born of the time lag from the center. Therefore, the study will analyze the role of cultural exchanges and the division of cultural capital and it will consider the transnationalization of Latin American literature as a starting point for literary modernism.
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