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World-systems theory (also known as world-systems analysis or the world-systems perspective) [3] is a multidisciplinary approach to world history and social change which emphasizes the world-system (and not nation states) as the primary (but not exclusive) unit of social analysis. [3]
The modern world-system has a multi-state political structure (the interstate system) and therefore its division of labor is international division of labor. In the modern world-system, the division of labor consists of three zones according to the prevalence of profitable industries or activities: core, semiperiphery, and periphery.
Immanuel Maurice Wallerstein (/ ˈ w ɔː l ər s t iː n /; [2] September 28, 1930 – August 31, 2019) was an American sociologist and economic historian.He is perhaps best known for his development in sociology of world-systems approach. [3]
The interstate system is a concept used within world-systems theory to describe the system of state relationships that arose either as a concomitant process or as a consequence of the development of the capitalist world-system over the course of the "long" 16th century.
She was especially well known for her monograph Before European Hegemony: The World System A.D. 1250-1350 wherein she argued that a pre-modern world system extending across Eurasia existed in the 13th century, prior to the formation of the modern world-system identified by Immanuel Wallerstein.
Eras cannot easily be defined. 1500 is an approximate starting period for the modern era because many major events caused the Western world to change around that time: from the fall of Constantinople (1453), Gutenberg's moveable type printing press (1450s), completion of the Reconquista (1492) and Christopher Columbus's voyage to the Americas ...
Social Change and Development: Modernization, Dependency and World-System Theories. SImmons, Joel W. (2024). "Democracy and Economic Growth: Theoretical Debates and Empirical Contributions". World Politics. Tipps, Dean C. (1973). "Modernization Theory and the Comparative Study of Societies: A Critical Perspective".
The Commanding Heights: The Battle for the World Economy is a book by Daniel Yergin and Joseph Stanislaw first published as The Commanding Heights: The Battle Between Government and the Marketplace That Is Remaking the Modern World in 1998. In 2002, it was adapted as a documentary of the same title and later released on DVD.