Repositioning cultural studies as part of the global decolonization movenment, this paper attempts to propose a more viable analytical framework, geo-colonial historical materialism. Through a critical articultion of three theretical traditions-historical materialism, radical geography, third world colonial discourse, this paper points out that the critical practice of cultural studies is to expose the structure of cultural imaginary as a result of colonial identification, which in turn shapes the psychic flow of desire of the colonized subject; it proposes a ”critical syncretism” as a strategy and an ethics for reconstituting and multiplying axes and objects of identification in forming more liberating subjectivity.