At the beginning of the twenty-first century, Latin American leaders, particularly from South America, collectively raised ethical questions about the foundations and practices of liberal peacebuilding. Embracing the idea of democracy as central to peace, these leaders have delinked democracy from the free market ideology and have developed their own models of regional economic cooperation, conflict management and dialogue. This article identifies the main discrepancies between the Latin American discourses and policies and the liberal interpretation of peacebuilding. It contends that the Latin American model provides alternatives to the hegemonic peacebuilding discourse.