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World-Systems Analysis: An Introduction

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In World-Systems Analysis , Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered thirty years ago to understanding the history and development of the modern world. Since Wallerstein first developed world-systems analysis, it has become a widely utilized methodology within the historical social sciences and a common point of reference in discussions of globalization. Now, for the first time in one volume, Wallerstein offers a succinct summary of world-systems analysis and a clear outline of the modern world-system, describing the structures of knowledge upon which it is based, its mechanisms, and its future. Wallerstein explains the defining characteristics of world-systems analysis: its emphasis on world-systems rather than nation-states, on the need to consider historical processes as they unfold over long periods of time, and on combining within a single analytical framework bodies of knowledge usually viewed as distinct from one another—such as history, political science, economics, and sociology. He describes the world-system as a social reality comprised of interconnected nations, firms, households, classes, and identity groups of all kinds. He identifies and highlights the significance of the key moments in the evolution of the modern world-system: the development of a capitalist world-economy in the sixteenth-century, the beginning of two centuries of liberal centrism in the French Revolution of 1789, and the undermining of that centrism in the global revolts of 1968. Intended for general readers, students, and experienced practitioners alike, this book presents a complete overview of world-systems analysis by its original architect.

110 pages, Paperback

First published August 27, 2004

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About the author

Immanuel Wallerstein

206 books336 followers
Immanuel Maurice Wallerstein was a scholar of politics, sociologist, historical social scientist, and world-systems analyst. His bimonthly commentaries on world affairs were syndicated.

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Profile Image for Kevin (the Conspiracy is Capitalism).
377 reviews2,253 followers
October 22, 2024
World History Systems-Thinking 101:

The Good:
--On the importance of "systems-thinking" (digging beneath surface distractions to uncover the root structures; not missing the forest for the trees), see Meadows' Thinking In Systems: A Primer
--"How-the-world-works" books are often in-depth tomes, so this concise (~100 pages) overview by its most well-known proponent is much needed:

1) The Approach:
a) Space: unit of analysis = world system:
--This counters the conventional obsession with nation-states.
--Influenced by core-periphery/Dependency Theory/Unequal Exchange/anti-imperialism: the relationships between regions that cross national borders, especially useful given capitalism’s global division of labour.
--Wallerstein adds “semi-periphery” as a middle category in between “core” and “periphery”, and theorized the role semi-periphery has especially during economic downturns when the “core” looks to cut costs and outsource to viable locations (see Wallerstein’s 1976 “Semi-Peripheral Countries and the Contemporary World Crisis”).

b) Time: unit of analysis = structural time, i.e. systems have lives.
--This counters those dreary history textbooks consisting of a litany of episodic events. This also counters the search for eternal truths.
--Wallerstein applies this by theorizing the “modern world system” as a capitalist world economy starting in the long 16th century (influenced by Fernand Braudel), flourishing from the influences of the French Revolution (which popularized liberal rule where political change and sovereignty of the people became normalized), and reaching a terminal phase by the 1968 world revolutions.
--Within the life of the system (“structural time”), there is “cyclic time” to reflect the behavior of capitalist expansions and contractions (boom/busts).

c) Against artificial academic discipline boundaries: overviews the history of academic disciplines (particularly in the “social sciences”) and the need to transcend them.
--A recent emphasis is after WWII, from the domination of US university system and the rise of Global South scholars in the world university system.

2) The Theories:
a) Capitalist boom/bust cycles:
--A key application of the spatial world-system and temporal structural-time is theorizing global capitalism’s life as a system.
--Capitalism is defined as a system prioritizing (i.e. alternatives are punished) the endless accumulation of capital. Influenced by Braudel, capitalism is seen as striving for anti-market monopolism within a set of institutions (including markets, firms, states, etc.), as a truly “free market” would erode profits.
--Influenced by Nikolai D. Kondratieff (i.e. K-waves) and of course Karl Marx, this results in the following “cyclic time” analysis on the cycle of leading products:
i) Expansion: leading products have temporary quasi-monopolies (including boost from patent monopolies), stimulating economic investment and growth.
ii) Contraction: overproduction is eventually reached from competition catching up (cut prices) and market saturation (cut demand), which halts investments and leads to recession. Capitalists try to offset diminished profits by cutting costs, either by cutting wages domestically or by relocation to semi-periphery (which often see growth during the overall downturn); however, demand remains an issue (especially with wages cut).

b) Capitalist structural crisis:
--Expanding from “cyclic time” to “structural time”, Wallerstein’s theory of the terminal crisis of capitalism focuses on increasing costs squeezing profits; these costs are not completely resolved by the cycles of leading products and build up:
i) Labour: outsourcing in a finite global labour market (especially after expansion from the collapse of Soviet Bloc + China’s opening) has temporary gains, but syndical (working class) power tends to eventually increase from improving organization/education/skills to push for higher wages (thus costs).
ii) Inputs (machinery + materials): pressure to internalize costs of waste disposal, resource renewal, and infrastructure.
iii) Taxes: initially capitalists focus on security (army/police), infrastructure, and bureaucracy (mostly tax collection) but all expanding along with demand for social services.
--of course, the explanations/prioritization here is contested to various degrees by more orthodox Marxists (with their own variations on the "Tendency for the Rate of Profit to Fall") as well as other like Michael Hudson (who focuses on rising private debt: The Bubble and Beyond) and Eco-socialists (who focus on the environmental crisis, ex. Facing the Anthropocene: Fossil Capitalism and the Crisis of the Earth System).
--a related accessible intro is Varoufakis' Talking to My Daughter About the Economy: or, How Capitalism Works—and How It Fails.

c) Other key theories involve debates around Dependency Theory (i.e. periphery's dependency on the imperial core), Marx’s “Asiatic mode of production”, the Transition debate (between Feudalism to Capitalism), and how to conceptualize history (ex. “total history” of Annales school). Common criticisms of World-Systems Analysis are reviewed: orthodox Marxists, state autonomists, cultural particularists…

3) The Heart of Radical Change:
--As you can see from the radical influences, from Latin American Dependency Theory to Marx, the World Systems tradition has the heart of radical change. This means global alternatives are well within the equation, thus shaping the analysis. For example, Wallerstein characterizes global capitalism as exploitation and does not grant the term "development" to describe semi-periphery regions that benefit from global downturns. The hope is for what Wallerstein calls "anti-systemic movements" to find use in this approach to help better understand the world's structures in order to change the system, rather than being distracted by surface symptoms.

The Questionable:
--Not missing the big picture is crucial; a failure to do so can be seen in progressive reformists who focus too much on “nationalist development” (the best of the bunch may be Ha-Joon Chang: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism). During the systemic booms, it is fair-weather sailing, as anything and everything can seem to contribute to progressive growth. But when the inevitable crash happens, the solution remains to simply revert to the conditions of the boom phase.
--However, with grand analyses comes the risk of grand inaccuracies. I have not read Wallerstein extensively, but from his lectures he comfortably makes grand claims (framed as his “narratives”) that make me hesitant; to be fair, he is more careful with predictions as he stresses indeterminacy. Grand claims come with the territory; World Systems analysis seems to have many contrasting views resulting from the shared approach.
--Despite the Global South influences, I still think there needs to be more emphasis on such experiences and practices. I still get a sense of "economizing" at times, and not capturing the impact of imperialist violence. Consider this playlist: https://www.youtube.com/playlist?list...
...And these Global South perspectives in:
-ex. geopolitical economy: Capital and Imperialism: Theory, History, and the Present
-ex. history: The Darker Nations: A People's History of the Third World
--Actual anti-systemic ideas for postcapitalism that we should push for? Try Varoufakis' Another Now: Dispatches from an Alternative Present
Profile Image for C. Varn.
Author 3 books387 followers
July 11, 2014
This book is a solid introduction to Wallerstein's version of "World-Systems Analysis" which is a way of approaching political-economy that inherits quite a bit of the Marxist historical apparatus but moves away from the focus on the proletariat as the subject of modern history, and instead looks at the inter-relationship of structures. Still, the Marxist political economy buttresses the entire apparatus with reinforcement from systems theory and Weberian sociology even if Wallerstein is critiquing more "Orthodox" or "classical" Marxism.

The strengths of World-system analysis is that it is not afraid to look at long term trends and to critique both modernist compartmentalization and post-modernist fear of narrative. There is a tendency in this introduction to slightly over-generalize in ways that Fernand Braudel and Wallerstein's own work in history is not as given to in its more scholarly form. Another advantage to this is that is not nation-centric but does not ignore the way nation-states function as entities within the world-system. Most analyses including most Marxist ones, tend to favor one (the capitalist totality) or the other (nationalist imperialism) but are not as likely to please emphasis on the inter-relation between the two.

If there is one weak point in Wallerstein's verison of "world-system's analysis" is that it may over-state the important of 1968 as a disruptive moment. I tend to think this is a left-over of New Left symbolism as the response to the collapse of center-liberalism in the post-war world system instead of focusing on the disruptive ideologies of the current in which not only "new leftism" but also "neo-liberalism" and "neo-conservatism" emerges, and they emerge in the years before and after 1968. This is both a major and minor complaint: it is major in that this makes the ease of pin-pointing the world-system crisis much less clean than Wallerstein paint its, but it is minor because it does not damage the overall methodology of world system's theory.

IF anything, even as an introduction, I wish this book had been a bit longer to go more into specifics. Still I strongly suggest this as a read.
Profile Image for Adam.
36 reviews11 followers
December 17, 2008
This was my intro to Wallerstein and I've been hooked ever since. Its introductory and a quick read, so its enjoyable, but do not expect too much beyond a run over of his major ideas. Excellent are chapter one, which gives a critical history of knowledge (which we divide into the three spheres of physical and social sciences as well as the humanities) that brings us to the W's concept of historical social-science/World Systems Theory as a critique of dominant modes of looking at the world (this was a gem for me); chapter two provides his overview of the development of capitalism as a global system (as opposed to capitalism existing in Europe and states of non-capitalism or "semi-feudalism" in colonized areas) which is a much more advanced and useful explanation than 19th century Marxism. The third and fourth are on inter-state relations and future predictions around structure and culture in that I'm not so sold on. Overall refreshing and lucid read that provides great tools for understanding the world in a historical way.
Profile Image for Reid tries to read.
145 reviews75 followers
October 28, 2022
Excellent. Some highlights:

What is capitalism?
- capitalism is: "a system which gives priority to the endless accumulation of capital" in which people/firms accumulate capital in order to accumulate more capital in a process that never ends.
- The system gives priority to this endless accumulation through structural mechanisms which penalize those who act with motivations other than to endlessly accumulate capital. On the other hand, those who try to endlessly accumulate are rewarded within the system
- Capitalism can only exist within a world economy due to the capitalists' needs for large markets. These large markets cannot be totally "free" markets however, because that would hurt the rate of profit: "Suppose there really existed a world market in which all the factors of production were totally free- that is, one in which the factors flowed without restriction, in which there were a very large number of buyers and a very large number of sellers, and in which there was perfect information (meaning that all sellers and all buyers knew the exact state of all costs of production). In such a perfect market, it would always be possible for the buyers to bargain down the sellers to an absolutely minuscule level of profit and this low level of profit would make the capitalist game entirely uninteresting to producers." Instead, capitalists need monopolies/quasi-monopolies and the machinery of a strong state to support said monopolies.
- So producers want to build monopolies to eliminate competition and thus increase their rates of profit. However there is a built-in feature that prevents this: "one producer's monopolistic advantage is another producer's loss. The losers will of course struggle politically to remove the advantages of the winners". The losers will either 1. politically struggle within the states the monopoly is located in to try and end the monopolistic advantage, or 2. persuade other states to "defy the world market monopoly by using their state power to sustain competitive producers". Both methods lead to the liquidation of monopolies over time. When this happens, enough time has usually passed for the capitalists who controlled the monopolies to have accumulated a large mass of capital, which they then invest into new products and industries.
- "The result is a cycle of leading products. Leading products have moderately short lives, but they are constantly succeeded by other leading industries. Thus the game continues. As for the once-leading industries past their prime, they become more and more "competitive," that is, less and less profitable"

core, periphery, and semi-periphery
-
- "Core-periphery is a relational concept. What we mean by core-periphery is the degree of profit­ ability of the production processes."
- Core processes are the most profitable, and since profitability is directly related to the degree of monopolization then it can be said that core-production processes are those that are controlled by a monopoly/quasi-monopoly.
- Pe­ripheral processes are those that are truly competitive.
- "When exchange occurs, competitive products are in a weak position and quasi-monopolized products are in a strong position. As a result, there is a constant flow of surplus-value from the producers of peripheral products to the producers of core-like products. This has been called unequal exchange"
- "Since quasi-monopolies depend on the patronage of strong states, they are largely located-juridically, physically, and in terms of ownership­ within such states"
- "Core-like processes tend to group themselves in a few states and to constitute the bulk of the production activity in such states. Peripheral processes tend to be scattered among a large number of states and to constitute the bulk of the production activity in these states. Thus, for shorthand purposes we can talk of core states and peripheral states"
- semi-peripheral states have a mix of core and peripheral products

- The core-like processes are always changing. In the 1800s it was textiles; today textiles are among the least profitable peripheral processes. "The pro­cess has been repeated with many other products. Think of steel, or auto­mobiles, or even computers. This kind of shift has no effect on the structure of the system itself. In 2000 there were other core-like processes (e.g. aircraft production or genetic engineering) which were concentrated in a few coun­tries. There have always been new core-like processes to replace those which become more competitive and then move out of the states in which they were originally located."

Kondratieff cycle
“A major leading industry will be a major stimulus to the expansion of the world-economy and will result in considerable accumula­tion of capital ( A-cycle)…As more and more firms enter the market of the quasi­ monopoly, there will be "overproduction" (that is, too much production for the real effective demand at a given time) and consequently increased price competition, thus lowering the rates of profit. At some point, a buildup of unsold products results, and consequently a slowdown in further production (B-cycle)”
When leading industries stop being as profitable, producers often relocate production to semi-peripheral zones where they can pay lower wages and thus bolster their rate of profit. This leads to less employment in core zones, where wage laborers can actually afford the products being produced, and therefore the market for said products shrinks.
The wages for core workers can be bolstered only as long as a pool of peripheral workers (who are paid lower wages) can kept being drawn from. Eventually, there will be no more new wage laborers outside of the current labor pool to be drawn from.
Profile Image for عبدالله الوهيبي.
47 reviews500 followers
March 21, 2018
‎اشتهر عالم الاجتماع إيمانويل والرشتاين بنظرية كبرى الأنساق العالمية أو النظم الدولية، طوّرها في عدة مجلدات ابتداء من عام 1975، والتي تهتم بوصف تاريخ أنظمة العالم الحديث وآلياته، وبناه المعرفية. بعد اشتغاله في هذا المجال لأكثر من ثلاثين عاماً يضع والرشتاين في هذا الكتاب المختصر (يقع في أقل من 130 صفحة) خلاصة نظريته وملخص أبحاثه الكثيرة. يقع الكتاب في خمسة فصول. الأول يعرض لتاريخ نشأة أفكار تحليل النظم والأنساق التاريخية الحديثة، والتي بدأ تداولها باعتبارها منهجية جديدة لدراسة الواقع الاجتماعي منذ سبعينيات القرن المنصرم. ويشرح في هذا الفصل باقتضاب ظروف تكون العلوم الاجتماعية الحديثة، وعلاقتها بالتاريخ، ودور تكوين الدول القومية الحديثة في مفاهيم الحقل، ثم أشار للتحديات التي واجهت موضوعات علوم الاجتماع في أعقاب عام 1945، بسبب صعود الولايات المتحدة كقوة عظمى، وانتشار اضطرابات العالم الثالث، وتوسع النظام التعليمي الجامعي من حيث الكليات والطلبة والجامعات، وقد أثّرت هذه التحولات في تركيبة المعرفة التي نشأت خلال السنين المائة أو المائة والخمسين الماضية، كما يقول. وكان من نتائج هذه التحديات والتحولات التمهيد لأربعة نقاشات أساسية جرت ما بين 1945 و1970 ساهمت في ميلاد حقل "تحليل النظم أو الأنساق العالمية"، وهي مفهوم المركز والأطراف، ونظرية النمط الآسيوي للإنتاج عند ماركس، وجدالات الأكاديميين حول ظروف وحيثيات الانتقال من الإقطاعية إلى الرأسمالية في تاريخ أوروبا، والنقاش الحاد حول تاريخ الكلي وأطروحة مدرسة الحوليات الفرنسية. وقد استند الحقل الجديد لثلاث أفكار نقدية أساسية، هي استبدال الدولة القومية بالنظم الدولية كوحدات للتحليل، والإصرار على دراسة الظواهر الممتدة في الحقب التاريخية الطويلة كما نظّر لها المؤرخ الفرنسي المعروف فرنان بروديل ت ‪1985‬، واعتماد منهجية توحيد الحقول المعرفية، وتجاهل الفروق التقليدية بين العلوم الاجتماعية (التاريخ، الاقتصاد، السياسة، الاجتماع) وضمها داخل إطار تحليلي واحد. وتعرّض الحقل الجديد لنقودات صارمة أشار المؤلف لبعضها في آخر الفصل ودافع عن أطروحته.  كُرّس الفصل الثاني لتلخيص أطروحة المؤلف الرئيسية والتي تنظر للنظام الدولي الحديث باعتباره اقتصاداً عالمياً رأسمالياً، وقد شرح الفصل ظروف تكوّن هذا النظام الذي نشأ أولاً في القرن السادس عشر، وتشكلاته اللاحقة، ثم يواصل في الفصل الثالث الحديث عن نشأة الدولة الحديثة وتطورها، وذلك بالتركيز على مفهوم "السيادة"، وعلاقة الدولة بالسوق، والقومية والاستعمار. وفي الفصل الرابع ينتقل للحديث عن الأيديولوجيات المؤثرة في النظام الدولي الحديث، وبرامج الإصلاح والثورة وصراعاتها، ثم دمجها أخيراً في إطار المواطنة. وفي الفصل الخامس يحلل أزمة النظام أو النسق الرأسمالي الحديث، والمؤلف يعتقد أننا نعيش الآن في فترة انتقالية تتسم بالتقلب والصراع الكبير، والتي قد تستمر كما يرى لمدة 25-50 سنة، ولذا فمن الضروري "أن نفهم ما يجري حولنا. وأن نحدد كيف نتصرف في الوقت الحاضر".
لابد من التنبيه للجذور الماركسية العميقة في أطروحة والرشتاين، والتي أشار لها سعود الشرفات في مقالة متاحة على الشبكة بعنوان:"الجذور الماركسية في نظرية فالرشتاين-النظام العالمي الحديث". وقد تُرجم مؤخراً كتاب والرشتاين "نهاية العالم كما نعرفه" عن هيئة البحرين بترجمة جيدة لفايز الصياغ، وهو يحتوي على شروحات إضافية (وهو أقدم نشراً باللغة الأصلية من كتاب تحليل النظم الدولية الصادر بالانجليزية في 2004)، وتحليلات مستفيضة في ذات السياق الذي يعمل داخله، لا سيما تشكلات النظام الدولي الحديث، وأزمات العلوم الإنسانية والمعرفة الاجتماعية الحديثة. ومن المهم للباحث والمحلل والقارئ المهتم العناية بالاطلاع على هذه الأطروحات الكلية، واسعة الخطوة النظرية، لتحسين تصوراته عن المجريات، وتحاشي الانخراط المبالغ فيه في تفاصيل النقاشات والأحداث التي تغيّب الرؤية الشمولية، وتغفل الأنظمة البنيوية الساكنة والراكدة داخل الإطار الزماني الحديث.
Profile Image for Gina.
89 reviews5 followers
August 6, 2011
Wallerstein has such a capacious knowledge of history that he is able to make generalizations that few could get away with and remain accurate. This short, highly readable book serves first as a lucid explanation of world-systems analysis, whereby historical analysis is carried out not using not nation states as a base but a world-system, or a "spatial/temporal zone which cuts across many political and cultural units, one that represents and integrated zone of activity and institutions which obey certain systemic rules." It also serves as a short introduction to the rise of modernity, building on the work of French historian Fernand Braudel, and to the evolution of the social sciences as tools for sussing out the operations of the capitalist world economy that emerged in the sixteenth century. Wallerstein considers two other events as critical in the creation of a global culture: the 1789 French Revolution and the "world revolution of 1968." (Would Wallerstein now add the Arab Spring to that list, one wonders?) He contends that the world-system is in crisis--the book was published in 2004, and his claim seems all the more relevant today--and envisions that while some will fight the crisis by retrenching, others will pursue transformative paths. These two reactions he encapsulates as the "struggle on many fronts between the spirit of Davos [promoting neoliberalism] and the spirit of Porto Allegre," the Brazilian city that in 2001 hosted the first meeting of the World Social Forum, "not an organization, but a meeting-ground of militants of many stripes and persuasions, engaging in a variety of actions from collective demonstrations that are worldwide or regional to local organizing across the globe," with the goal of promoting democracy and social justice.
Profile Image for Miles Trujillo.
143 reviews3 followers
September 18, 2023
Spectacular, accessible, and readable introductory history of the modern world. Great to recommend to people new to theory
Profile Image for Sam.
52 reviews2 followers
October 21, 2019
Chapter 1: Historical Origins of World-System Analysis: From Social Science Disciplines to Historical Social Sciences

Wallerstein introduces what World-System Analysis entails. One most prominent feature of this theory is its inclination towards interdisciplinary studies. He roughly divides the world into three main sectors: the state (politics), the market (economy), and civil society (sociology). These three seemingly distinct areas are, in his views, only ambiguously distinguished and it is almost impossible to overlook the other two when studying one of them. In other words, the traditional categorisation of disciplines and subjects somehow becomes reductive when trying to see the world as one single complex system. And pretty obviously, it is almost impossible, no matter how all-encompassing it claims to be, for a single theory to include everything. Wallerstein admits there are criticisms of WSA on its unidisciplinary-ness and so sort, as it does not regard the weight of other disciplines in social science. He admits that this theory is a grand narrative but ultimately "reflects reality closer than other [theories].”

Chapter 2: The Modern World-System as a Capitalist World-Economy: Production, Surplus Value, and Polarisation

Wallerstein sees the world as necessarily a capitalist world-economy. This system favours or encourages the endless accumulation of capital and, according to Marx, is the prerequisite of commencing capitalist movements. Those who do not play with the current rules would be naturally eliminated. As a result, accumulating capital becomes the norm of every individual in this system, yet the process of which could be in competition with other hoarders. For the wage-earners, according to Wallerstein, seek to be proletarianised as that means they could secure better income as 50% of their household comes from the wage itself. That is also why he thinks that individuals are situated in households, and households classes, rather than how we intuitively think of it. Nevertheless, what the individual could be in are the status-groups that represent identities, and within the households the problem of which couldn’t be perfectly reconciled. Yet between status-groups is the polarisation between universalism and anti-universalism both of which the WS provides a platform for their propagation and development while keeping the whole WS moving.

Chapter 3: The Rise of State System: Sovereign Nation-States, Colonies, and the Interstate System

The issue of sovereignty does not only happen in the local state but one that is on the international debate table as well, as the legitimacy of a sovereign sometimes does depend international acknowledgment. For the businessmen, a sovereign state is the body that has to power to control the rules of business in a certain area. Yet some business decisions do externalise some costs to the International states: impact on ecology mostly; the building of infrastructure is one key investment that is usually funded out by the state. Which means the state is actually a strong player on the international level, as it can facilitate or baffle business. Also, Wallerstein thinks that the notion of “nation” is but a myth constructed by the state in order to reinforce its authority, by dint of education, services in armies, and public ceremonies. Colonial states are by far the weakest of states as they virtually have little autonomy and tend to be exploit by other countries. Why is then a world-empire impossible? Capitalism won’t permit anything that comes before it; yet when within this capitalistic hegemony interests groups start to yearn for a larger slice of cake, the state needs to come back and regulate the situation. While the balance is restored, capital escapes again and wait for the next cycle of chaos to come about, then another hegemony of accumulation will reach its peak, thus again state intervention.

Chapter 4: The Creation of a Geoculture: Ideologies, Social Movements, Social Science

A geoculture, in Wallerstein’s own words, is the set of "values that are very widely shared throughout the world-system.” If the 19th century has a liberal geoculture, what about today’s world? A society is formed by different status-groups which have different sizes, hence impacts, on the current society. Wallersteins states that conservatism favours the structure of families, traditions, and the legitimacy of a faith/religion that is in favour of their discourse; liberalism, on the other hand, favours professionalism that places people on spots that perhaps are most suitable for them. In order to attain a liberal society, universal suffrage has to be achieved and before that, an educated population is required. This is only one side of the issue, as even universal suffrage is put into practice there are groups that are left behind. These minorities, as a result, form their little interest/status-groups and try to change the society they live in through social movements.

Chapter 5: The Modern World-System in Crisis: Bifurcation, Chaos, and Choices

Wallerstein thinks that the current system is in the midst of a long-term crisis, and it might not have the power to restore its perfect balance. The current capitalist world-system recuperates itself, as its creation of profits is actually a process similar to funding its employees to buy its products. The balance here is difficult to maintain, as purchasing power increases when the cost of keeping the employees increases as well. Businesses then have to look for ways to mitigate the cost and maximise the profit. For example, by relocating their business to a peripheral country, the cost of production is likely to be externalised; same thing happens when pollution becomes a problem, the business is able to run away from the already polluted land. But these forms of relocation tend to be exhausted as fewer lands are unpolluted and fewer rural ares are undeveloped around the globe. As the system becomes more shakier then ever, the false optimism of the people under oppression will then realise the systemic pitfall, and will look for external forces to compel the system for changes. Wallerstein further observes that in the long cycle of economic downturn the neoliberalists try to boost economy by abolishing trade barriers and cut taxation to encourage the flow of capital and its accumulation. Still, the world-economy today focuses too much the financial side of business: arguably a fluctuant field as there is not real production to support its operations; at the end of the day those who suffer are usually normal people. Even liberty does not promise to solve all the problems as there are the liberty of the majority and that of the minority, as there are people who want use them as a disguise to pursue non-libertarian goals. Equality, as opposed to liberty, supports the realisation of the liberty of the many, while simultaneously encourages that of the few. No matter how this goes, however, Wallersiten is optimistic in a sense that people are more aware of their rights, hence the agency to fight for them.
Profile Image for Mazen.
288 reviews60 followers
December 24, 2023
شدد كل من ديفيد هافي و سمير أمين علي أهمية أعمال ايمانويل واليرستين في تحليله لأطر عمل الأنظمة العالمية، يبدأ الكتاب بشرح كيف تم فصل العلوم الإنسانية عن الإمبريقية منذ بزوغ فجر الحداثة و كيف تم استخدام تلك العلوم في تشييد النظام العالمي الرأسمالي منذ القرن السادس عشر، تمتعت الأنظمة العالمية بمنطقتين اقتصاديتين أو نمطين من الإنتاج، إنتاج شبه مركزي يكون فيه فائض القيمة الأعلي و يتمكن فيه الرأسماليون بتحقيق أكبر كم ممكن من الأرباح، و منطقة الأطراف الجنوب المهمشة و هي التي تكون فيه أنماط انتاج بدائية ذات فائض قيمة منخفض و أحيانا مجال لنهب المواد الخام ليس إلا، يتعرض النظام الرأسمالي الإمبراطوري لنمط يدعي (دورة كوندراتيف ) و يحدث دائما خلل في كل نهاية كل دورة و هي التي تُنذر بدخول لاعبي جدد للنظام العالمي الذي يحابي مبدأ الربح و السيطرة علي شعوب التخوم، دائمًا ما تتسم نهاية كل دورة بحدوث اضطرابات و عشوئية في التوقعات نظرًا لتنامي صراع الطبقات في دول المركز، فمثلًا كانت ثورات 1848، الحرب العالمية الأولي و الثانية، و الحركة الثورية العالمية في 1968 التي حدثت نتيجة هبوط هوامش الربح لدي الرأسماليين و فشل النظام الليبرالي العالمي في تحقيق التحرر الوطني لدول الجنوب الذي وعد به بعد الحرب العالمية الثانية، كانت الثورة المضادة التي قادتها دول المركز بزعامة كل من تاتشر و ريجان تحت مسمي ( الليبرالية الجديدة ) هو الرد الرأسمالي علي تلك الحركة، حاولت الليبرالية الجديدة رفع عوامل الربح عن طريق تقليل الانفاق علي الدعم الاجتماعي ( الصحة - التعليم - المعاشات ) و أن تذهب تلك الضرائب الي أصحاب الانتاج لتقليل تكاليف الانتاج، و عملت علي تهميش و سحق الحركات العمالية في دول المركز و الجنوب و دعم صعود اليكتاتوريات التي تضمن بقاء هذا النظم أطول فترة ممكن، و لكن كان هذا أيضًا غير كافي في تحقيق نفس معدلات الربح التي جاءت الحرب العالمية الثانية، يستشرف الكاتب أن النظام العالمي لا يسمح بوجود رابحين أكثر من اللازم، و أنه مدعوم مؤسساتيًا من الدولة عن طريق أنظمة شبه احتكارية لدول المركز تحت مسمي حقوق الملكية الفكارية أو الاجراءات الاحمائية التي تمارسها تلك الدول ضد بعد السلع المعينة لضمان هوامش الربح مرتفعة للعاملين في تلك الصناعات، و لكنها عن طريق مؤسسات دولية مثل منظمة التجارة الحرة، و صندوق النقد الدولي، و البنك الدولي تقوم بتعزيز فتح أسواق في دول الجنوب لتدمير أي محاولة للنهوض تكنولوجيًا وتحقيق تصنيع بفائض قيمة أعلي يمكنه أن يقلل من معدل الربح عالميًا.
Profile Image for Preetam Chatterjee.
5,520 reviews250 followers
July 23, 2024
This book is a response to the criticisms of Dependency Theory (and for the purposes of the review can still be treated as part of Dependency Theory). World Systems Theory, developed by Wallerstein accepts the fact ex-colonies are not doomed to be forever trapped in a state of dependency; it is possible for them to climb the economic ladder of development, as many of them have done.

However, he also believes that the global capitalism system still requires some countries, or at least regions within countries to be poor so they can be exploited by the wealthy at the top.

The book has the following chapters:

1. Historical Origins of World-Systems Analysis: From Social Science Disciplines to Historical Social Sciences
2. The Modern World-System as a Capitalist World-Economy: Production, Surplus Value, and Polarization
3. The Rise of the States-System: Sovereign Nation-States, Colonies, and the Interstate System
4. The Creation of a Geoculture: Ideologies, Social Movements, Social Science
5. The Modern World-System in Crisis: Bifurcation, Chaos, and Choices

Wallerstein’s general theory has four underlying principles:

1. One must look at the world system as a whole, rather than just at individual countries. Dependency Theory tended to argue that countries are poor because they used to be exploited by other countries. However focusing on countries (or governments/ nation states) is the wrong level of analysis – government today have declined in power, whereas Corporations are more powerful than ever. Global Corporations, and global capital, transcend national boundaries, and nation states (even wealthy ones) are relatively powerless to control them, thus in order to understand why countries are rich or poor, we should be looking at global economic institutions and corporations rather than countries. Global Economic Institutions form what Wallerstein calls a Modern World System, and all countries, rich and poor alike are caught up in it.

2. Wallerstein believes that the Modern World System is characterised by an international division of labour consisting of a structured set of relations between three types of capitalist zone:

a) The core, or developed countries control world wages and monopolise the production of manufactured goods.

b) The semi-peripheral zone includes countries like South Africa or Brazil which bear a resemblance to the core in terms of their urban centres but also have areas of rural scarcity which resemble the peripheral countries. The core contracts work out to these countries.
c) Finally, there are the peripheral countries at the bottom, mainly in Africa, which provide the raw materials such as cash crops to the core and semi periphery. These are also the emerging markets in which the core attempts to market their manufactured goods.

3. Countries can be upwardly or downwardly mobile in the world system. This is one of the key differences between World System’s Theory and Frank’s Dependency Theory. Many countries, such as the BRIC nations have moved up from being peripheral countries to semi-peripheral countries. However, most countries do not move up and stay peripheral, and the ex-colonial powers (the wealthy European countries) are very unlikely to slip down the global order.

4. The Modern World System is dynamic – core countries are constantly evolving new ways of extracting profit from poorer countries and regions. Three examples of new ways of extracting profit from poor countries include:

a) Unfair Trade Rules: World trade is not a level playing field – The best example of this is in Agriculture – Agriculture is Africa’s biggest economic sector. It has the capacity to produce a lot more food and export to Europe and America but it can’t because the EU and America spend billions every year subsidising their farmers so imported African products seem more expensive

b) Western Corporations occasionally use their economic influence to negotiate favourable tax deals in the developing world. A good case in point here is the mining Company Glencore in Zambia – The company recently arranged a long term contract to mine copper with the Zambian government – it exports $6 billion a year in copper from Zambia, but pays only $50m in tax, while as part of the deal the Zambian government is contractually obliged to pay for all the electricity costs of mining – a total of $150m a year.

c) Land Grabs: These are currently happening all over Africa, where a western government or company buys up thousands of hectares of land in Africa with the intention of planting it with food or biofuel crops for export back to western markets. In such cases the western companies take advantage of the cheap land and gain much more than the African nations selling the land in the long term. In some case studies of land grabs thousands of indigenous peoples are displaced.

This book and the views enclosed can also be criticised in the same way Dependency Theorists can be criticised – there are more causes of underdevelopment than just Capitalism – Such as cultural factors, corruption and ethnic conflict.

In his tome, Wallerstein puts too much emphasis of economics and the dominance of Capitalism – There are other ways people can be exploited and oppressed – such as tyrannical religious regimes for example. Also, there are some areas are still not included in the World System – some tribal peoples in South America and Bhutan for example remain relatively unaffected by global capitalism.

In conclusion, Wallerstein’s concepts of Core, Semi-Periphery and Periphery are vague and this means his theory is difficult to test in practise. More importantly, most of the case-studies are dated.

All said and done, this tome is indispensable for your comprehension of International Relations theory.

Most of the rules which nations follow while playing the power games in the international arena, are delineated here.
Profile Image for Robert.
Author 15 books115 followers
August 13, 2017
I came to Immanuel Wallerstein's book, World-Systems Analysis, in a surprising way: it was recommended to me by an anthropologist, who represents one species of social scientist Wallerstein would consolidate into a group (the others being historians, sociologists, political scientists, economists, and their subsets.) Wallerstein's well-argued point is that these academic disciplines fail to generate a total picture of what he terms world-systems.

World-systems, Wallerstein argues, are not necessarily globe-encompassing. They are, for example, something like the Atlantic Community (Western Europe and North America), or, more diverse and less integrated, the Pacific Rim community. These are systems that, in effect, are worlds unto themselves based on their level of economic interdependence, non-violent political rivalry, cultural interpenetration, and adherence to agreed rules of commercial competition.

Wallerstein thereby attempts to leap over terms like socio-economic, socio-political, socio-cultural, etc. The core of his case, however, does revolve around the predominance of capitalism as the controlling dynamic of all these world-systems (short of war). He defines capitalism, quite lovingly, as "a historical system defined by the priority of the endless accumulation of capital."

Wel,l perhaps not so lovingly, but accurately. What else is meant by an individual possessing or "being worth" $10 billion or $25 billion? Does this not suggest that these capitalists are on an endless search to become richer?

In this short, lucid book, Wallerstein traces the evolution of our ways of thinking about capitalism and suggests, persuasively, that it is in the end an economic process that, in eternal pursuit of profits, will tear power from some regions (the Netherlands centuries ago, for example; Great Britain more recently; perhaps the U.S. in the coming decades) and relocate it in regions where the costs of producing goods and services are lower and therefore the profit margins are higher.

In the Pacific world-system, this dynamic obviously fosters the interests of China, especially since, as Wallerstein points out, there is no such thing as free trade or free markets. Rather, what we see through time, and today, is that nation-states have organized themselves to support their "firms"... and that market-distorting policies are the essence of political maneuvering in a transnational sense. China is rather brazen at that game.

All of this is also sustained, Wallerstein says, by societies, or social structures, that are shaped in ways that support and accommodate capitalism through skilled and unskilled workforces. Wallerstein is not a Marxist; he's a scholar who doesn't see how one can detach the anthropological from the sociological, political, economic and cultural elements of being human. His somewhat softly stated prediction is that inequalities of wealth distribution (the billionaires versus the people who can't afford health insurance, the ill-paid tech worker in Bangladesh versus the the potentially even worse-paid tech worker in Kenya) likely will bring on a crisis in capitalism that won't be something current world-systems will work through. For him, crisis means crisis, turning point, profound change.

With Brexit and the unilaterist nativism of Trump, we are seeing a turning away from the verities that have underpinned the endless pursuit of capital for several hundreds of years. This means not only revised trade arrangements (the commercial dimension of a world-system) but also revised immigration arrangements (a sociological dimension of a world system). While the EU pursues ever-closer union, the US and UK are heading in another direction, and issues like recapturing runaway factories, with huge socio-cultural impacts on places like Cleveland, Ohio and Janesville, Wisconsin, gain in salience, provided that said runaway factories are not recaptured to benefit undocumented aliens (which is exactly how a true capitalist would like to see things turn out.)

Wallerstein works in sharp observations on how capitalism also affects the environment, irreplaceable natural resources, infrastructure, and taxation. He suggests that that there are two fields of study: the so-called natural world and the social world. Someone created the natural world, or it just happened, but we created and continue to create the social world. And we are divided into three camps: Conservatives, Liberals, and Radicals (of the left and right) There's no need to explain what these camps are all about. I suspect anyone reading this note already knows. In a sense, that's the odd strength of this book: almost everything here is what everyone already knows. It's a very straightforward treatise about how we tend to overlook general truths because, like anthropologists or specialists in other social disciplines, we are wedded to fascinating particularities.

Who was it who jokingly came up with a course title, "All Previous Thought, 101"? Was it me, many decades ago? Or was it Wallerstein, an eminent Africanist, if you will, who in mid- career began to see larger unities in human affairs than either academe or mere geography suggest.
Profile Image for Cengiz.
68 reviews3 followers
March 8, 2020
This short but comprehensive book takes up the structures of knowledge of the modern world system which economically is based on capitalist mode of production. Even though this system is at worldwide scale
there are different jeocultures and political actors in it. Therefore, it is not possible to form a world empire.
Epistemologically this system is grounded on the Newtonian Laws of Motion, Cartesian Duality and Baconian scientism. It is based on reason and experimental science and modern was formed on these pillars. In the early 19'th century according to the needs of the rising capitalist bourgeoisie class after sceince had broken with philosophy new social sceinces emerged such as history which helped the formation of nationalism. Besides history, economy to study markets, political science to study the state and sociology to study society. Historians adopted a new method which suggested archieves, concrete proofs and the objective historical events which excluded kings' and generals personal stories, mythes and legends.
Profile Image for Joma Geneciran.
66 reviews86 followers
October 17, 2022
This is a re-read. I taught this this semester at the University of California, Irvine. It's a good intro text for undergrads; however, I would only assign chapters 1-3. He is much weaker on the cultural, so-called 'geoculture' front. One word of warning, Wallerstein simplifies his work in this to a fault (imo). For example, watershed years are 1848, 1968, the French Revolution but ignores all the other major ruptures in the capitalist world-economy (the Haitian Revolution), formal 'abolition' of the Trans-Atlantic trade (1808-36); the Bolshevik revolution; all the realignments during 1919 in India, China, Korea, Ottoman; Chinese rev, etc. Granted, this is a short (100pg) primer.

I would assign his 1974 essay "The Rise and Future Demise of the World Capitalist System: Concepts for Comparative Analysis" which can be found in Comparative Studies in Society and History

Profile Image for Jeff.
206 reviews52 followers
January 8, 2019
It's written at an absurdly high level of abstraction, but that's what makes it all the more amazing how insightful and prescient it is. i.e., at first I was like how could you possibly derive any "laws" or even "patterns" when you're so zoomed out of the particularities of (say) global trade, but it turns out that (to me at least) the *historical* analysis at this level is really the main point, and imo it's brilliant. I feel like I have a genuinely helpful new framework to understand certain changes/upheavals in historical social systems, and more importantly a way to derive lessons for the present from this past.
Profile Image for Nate Huston.
111 reviews6 followers
November 1, 2012
Only touched very briefly on this book, but I was very intrigued. I'm not sure if I agree with all of the author's premises, but I like where his head's at. Basically, Wallerstein says the world is way too complex to derive much value from examining only one single aspect of it. His thoughts regarding core and periphery, whether they are necessarily borne out in today's markets and international interactions, are nonetheless compelling and worth a thought or two.
Profile Image for Eren Buğlalılar.
350 reviews162 followers
April 14, 2018
İlk bölümleri çok iyiydi. Fakat daha sonra Dünya Sistemleri Analizi'nin belkemiğini oluşturan merkez-çevre ayrımına, bağımlılık kuramına ilişkin çok az şey bulabildim. Özellikle yarısından sonra enerjisi iyice düşüp, DSA'nın ikincil konuları olan milliyetçilik, ırkçılık, cinsiyetçilik ve bunların ulusal yansımalarıyla uğraşmaya başlamış. Sonlara doğru teoriden iyice ayrılıp özetin özeti bir tarih veriyor.
Profile Image for Ben P.
23 reviews
February 27, 2023
Short few chapters that discuss the ways global capital and states interact. Liked the characterization of “core” enterprise (monopolized and profitable, eg high technology) and “peripheral” enterprise (competitive, low margins, eg resource extraction and agriculture).

Wanting to read more about dep theory/WSA.
Profile Image for Gabriel Avocado.
289 reviews119 followers
June 11, 2021
i know i filed this under marxist theory/philosophy but it should be noted that world systems analysis is not marxist per se. plenty of prominent marxists like samir amin were both marxist and world systems analysts so its very much compatible.

i think as a primer to the theory it does an okay job. tho i think wallersteins approach in making world systems accessible to everyone means if youve so much as dabbled in marxist theory, you will find yourself a little bored by the explanations. however, i still think its valuable for the concept of core/semi-periphery/periphery. after doing some research, ive found some criticism of world-systems and, as a marxist, i find them somewhat valid, particularly how it downplays the role of class struggle locally almost entirely. i think there is a happy middle here that marxism explains better but the language of world-systems is still valuable, particularly as i write this from the semi-periphery.
Profile Image for Patric Esh.
9 reviews
June 13, 2013
The general information given to support the theory is common sense. Because the information is common sense, I accept the overall theory as valid (core, semi-peripheral, peripheral) . Yet, the rest of his analysis is lacking sufficient evidence, strong, clear backing to the evidence given, or the history he depicts is skin deep or wrong. I understand the book is an introduction, yet the arguments still need to be clear and justifiable for me to want to learn more. Some in site citations would be nice, so I can review where he got his information. I know this is brief and if you would like more details in my review please contact me.
Profile Image for Stephen Pinna.
37 reviews2 followers
February 7, 2021
The book sets out to be a brief introduction to World-Systems Analysis and in that, I believe it is successful. It also holds a glossary and bibliographical list for further reading (both concerning World Systems Analysis and critiques of it.

In dealing with the critiques of World Systems Analysis, I believe the author is as fair as he can be. When it comes to persuading one on the validity of World Systems Analysis, I think the text falls flat - though this is a somewhat unfair judgement since the text is not meant to be a polemic. Given its length, I think it would make a good required reading for a class dealing with political theories or historical theories.
Profile Image for kalyx.
35 reviews68 followers
April 25, 2022
with great relief i admit i was wrong, wrong, wrong; no idea what possessed amin-grieving me to dismiss this in late 2018 besides my general emotional turmoil, accompanying compulsive literary inhalation, and slightly too-dogmatic hold to certain readings of history. phenomenal that this is so clear while so dense; certainly there's little new to me but i'm grateful that it cleaned out my desk drawer and sharpened all my tools, so to speak. highly-recommended both as an introduction and as a defragmentation.
Profile Image for Adam Deedman.
42 reviews1 follower
July 10, 2020
A very interesting and broadly accessible read, which has changed my thinking politically and perhaps morally.

This book offers an insight, which I have never been exposed to before, on the capitalist system that we live in today, making me want to read further into Wallertsein's writings and has aided in the forming of my own opinions on our world-system and where the future may take us.
Profile Image for Paul.
1,247 reviews28 followers
November 24, 2020
Amazingly concise. I'm hooked. I want to read more. I picked it up after reading "Industrial Society and Its Future". I wasn't aware this was a field of study. I understand it may be a post-fact narrative that fits but doesn't predict or explain the world correctly but I want the tools and want to hear the views.
Profile Image for Tornike Chivadze.
4 reviews11 followers
February 19, 2022
It's always better to read introductions which are written by the authors of original theory. this book is nice example of this ... its encourages you to read more about world system theory and history. Highly recommended for beginners and general public
Profile Image for Dave Pier.
154 reviews6 followers
October 16, 2019
Great, but way too condensed. A whole life's thinking reduced to blog post length. A good appetizer for his longer works
Profile Image for Gijs Limonard.
1,265 reviews31 followers
January 4, 2025
Overall some well made points on the inner workings of the world of human affairs; felt general and a bit dated in places but that was to be expected.

"The medieval university had had four faculties: theology, medicine, law, and philosophy. What happened in the nineteenth century was that almost everywhere, the faculty of philosophy was divided into at least two separate faculties: one covering the “sciences”; and one covering other subjects, sometimes called the “humanities,” sometimes the “arts” or “letters” (or both), and sometimes retaining the old name of “philosophy.” The university was institutionalizing what C. P. Snow would later call the “two cultures.” And these two cultures were at war with each other, each insisting that it was the only, or at least the best, way to obtain knowledge. The emphasis of the sciences was on empirical (even experimental) research and hypothesis testing. The emphasis of the humanities was on empathetic insight, what later was called hermeneutic understanding. The only legacy we have today of their erstwhile unity is that all the arts and sciences in the university offer as their highest degree the PhD, doctor of philosophy."

"In the nineteenth century, the faculties of science divided themselves into multiple fields called disciplines: physics, chemistry, geology, astronomy, zoology, mathematics, and others. The faculties of humanities divided themselves into such fields as philosophy, classics (that is, Greek and Latin, the writings of Antiquity), art history, musicology, the national language and literature, and languages and literatures of other linguistic zones."

"The process we have been describing—expansion of the world-economy when there are quasi-monopolistic leading industries and contraction in the world-economy when there is a lowering of the intensity of quasi-monopoly—can be drawn as an up-and-down curve of so-called A- (expansion) and B- (stagnation) phases. A cycle consisting of an A-phase followed by a B-phase is sometimes referred to as a Kondratieff cycle, after the economist who described this phenomenon with clarity in the beginning of the twentieth century. Kondratieff cycles have up to now been more or less fifty to sixty years in length. Their exact length depends on the political measures taken by the states to avert a B-phase, and especially the measures to achieve recuperation from a B-phase on the basis of new leading industries that can stimulate a new A-phase."

"The bottom line is that the modern world-system has made as a central, basic feature of its structure the simultaneous existence, propagation, and practice of both universalism and anti-universalism. This antinomic duo is as fundamental to the system as is the core-peripheral axial division of labor."

"idiographic-nomothetic. This pair of terms was invented in Germany in the late nineteenth century to describe what was called the Methodenstreit (battle of methods) among social scientists, one that reflected the division of scholarship into the TWO CULTURES. Nomothetic scholars insisted on replicable, “objective” (preferably quantitative) methods and saw their task as one of arriving at general laws explaining social realities. Idiographic scholars used largely qualitative, narrative data, considering themselves humanists, and preferred HERMENEUTIC methods. Their principal concern was interpretation, not laws, about which they were at the very least skeptical. (Note that idiographic is different from ideographic. “Idio-” is a prefix derived from Greek and means specific, individual, one’s own; hence idiographic means of or relating to particular descriptions."
Profile Image for Ron Peters.
807 reviews11 followers
December 13, 2023
I’d heard of Wallerstein’s book – I had it bookmarked on Amazon – but I was reminded of it again while reading a book on Canadian immigration (http://tinyurl.com/2p9xarcw), so I picked it up. It’s only 109 pages, but the information in it is tightly packed. It concerns an analytic approach I knew nothing about.

World-System Analysis (WSA) has been applied to wide ranging subjects like the fall of feudalism and rise of capitalism, globalization, the rise and fall of states, income inequality, global obesity, social unrest, sexism, racism, and imperialism.

There are two kinds of world-systems: world-system economies (e.g., capitalism) and empires. WSA is a multidisciplinary approach to world history and social change that emphasizes world-systems (not nation states) as its unit of analysis. It unites the analysis of society, economics, and politics. WSA divides the world into core countries (with high-skill, capital intensive, naturally oligarchic industries), periphery countries (with low-skill, labor intensive, extractive industries), and semi-periphery countries. Wallenstein calls this the division of labor.

Our current world-system has been rooted in capitalism since the sixteenth century, i.e., since the discovery and exploitation of the Americas. At different times different nations became the hegemon within the system: first the Netherlands, then England, then the U.S. The structure of the world-system is unified by its division of labor, but it is still dynamic. Oligarchic, “it” industries lose profitability and fade over time, and countries change their status over time, partly due to demographic shifts and partly due to technological change (e.g., communications, transport).

Some key aspects of WSA include a focus on the longue dureé (the slow modification over time of systems that continue to strive to reproduce themselves), and the “development of underdevelopment” (core countries actively creating underdevelopment in the periphery). The final chapter, on “The Modern World-System in Crisis”, was especially cogent to me. It is too complex to summarize here, but it centers on the analysis of Kondratiev waves (economic supercycles) of expansion and contraction.

Reading this led me to join the World Social Forum. It also made me want to read: Ferdinand Braudel’s massive magnum opus on Civilization and Capitalism (which has been moldering on my bookshelf for years), David Christian’s Maps of Time: An Introduction to Big History, and Fred Adams’ The Five Ages of the Universe: Inside the Physics of Eternity.
Profile Image for Vicky.
86 reviews39 followers
May 24, 2022
This is a great introductory book to his work, where Wallerstein summarizes his main ideas. It is easy to read and, I would say, it is also beginner-friendly. I would have liked more examples to clarify a couple of points, but I guess I'll have to read his other work for that.

The book is divided into five short chapters. Chapter One is about the emergence of the systems of knowledge and their evolution over time (focused on social sciences and why they are like they are today). I loved this one because I think that most people tend to take knowledge systems for granted, and we don't think much of how we know what we know. Chapter Two centers on the capitalist economic system, its evolution, and how it works. Chapter Three is about sovereign nations and the development of the global economic system. Chapter Four talks about ideologies and social movements. Chapter Five explains the system's current crisis and offers some future predictions.

I feel that we don't often talk about the writing style in academic books, except for whether it is easy or difficult to follow. I think we should. Wallerstein is an excellent writer. He is an example of how to present your ideas clearly and concisely and write in a way where one idea is logically followed by another without jumping around and failing to make a point.

6 reviews2 followers
December 4, 2024
Need to re-read and re-think about this again.

One key takeaway for me is how accurately and succinctly it traces history of modern academic disciplines in the university system and the overspecialization phenomenon we witness in it today.

Separate boxes of analysis - what universities call the disciplines - are an obstacle, not an aid, to understanding the world.

I've always wanted to seek unity in knowledge and become a polymath. This book gives me more reason to keep aspiring towards that.
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