Immanuel M. Wallerstein

…conservative defense of the West, Immanuel Wallerstein’s The Modern World System (1974) proposed a more pessimistic world-system theory of stratification. Wallerstein averred that advanced industrial nations would develop most rapidly and thereby widen global inequality by holding the developing nations in a permanent state of dependency.

Social theorist and economist Immanuel Wallerstein, whose works have made a lasting impact on the study of the historical development of the world capitalist system, argued that development does occur but only for a small number of semiperipheral states and not for those peripheral states that remain the providers…

…the capitalist world system, as Immanuel M. Wallerstein in The Modern World-System (1974) terms it. There was increasing economic and productive specialization among the world’s regions, as a pattern of unequal exchange developed between the industrial commodities of the advanced European nations (at the world system’s core) and the raw…

…world-systems theory, was developed by Immanuel Wallerstein in The Modern World System (1974). Whereas modernization theory holds that economic development will eventually percolate throughout the world, Wallerstein believed that the most economically active areas largely enriched themselves at the expense of their peripheries. This was an adaptation of Vladimir Ilyich…

…especially by the American theorist Immanuel Wallerstein, argues that there is but a single world economy, the capitalist world economy, which has been expanding since the 17th century. This economy has, over the centuries, been expanding outward from its northwestern European base to take in an increasingly large portion of…

…described by the American sociologist Immanuel Wallerstein. His world systems theory, however, was attacked for empirical reasons and for its failure to account for the collapse of the Soviet Union and the communist regimes of eastern Europe and their subsequent movement toward capitalism and democracy. Wallerstein’s theory also drew criticism…

…the American sociologist and historian Immanuel Wallerstein (1930–2019) in The Modern World System (1974). Whereas modernization theory holds that economic development will eventually percolate throughout the world, Wallerstein believed that the most economically active areas largely enriched themselves at the expense of their peripheries. This was an adaptation of an…