2. WALLERSTEIN'S WORLD-SYSTEMS
ď‚— The world-systems theory stresses tha
t world-systems should be the basic
unit of social analysis refers to the
international division of labor
 core countries
 semi-periphery countries
 periphery countries
ď‚— model makes an attempt to explain
one large world economy
ď‚— 3 major groupings
 Core
 peripheral,
 Semi=peripheral
4. WEAKNESS
 Constantly changing state of the world economy
 Fewer and fewer countries fall into this category as time
goes on and globalization expands
 Wallerstein’s “external” economy label can be no longer
applied
ď‚— E.g. China
 Before: closed economy with Mao Zedong’s social and
economic reforms
ď‚— Now: open economy with international trade under the new
open door policy
5. WEAKNESSES
 Negative Example
ď‚— Colonial America
 Exhibit characteristics from
the “periphery” and “core”
categories
ď‚— Semi-periphery economy
 Lack of a strong Central
Government
 E.g. communities – vital role in
enforcing law; laborers get
tortures while gentlemen gen
to be released on fine
6. STRENGTHS
 Acts as a guide to describe
changes that led to shape the
world into what it is today.
 Focuses on Western Europe
between 1450 and 1670
ď‚— Period of significant
development
7. STRENGTHS
 Globalization theorists can also show how
dependency is not a one way process
ď‚— Interdependency
 Wallerstein was one of the first to recognize
“globalization” of the world + international division of
labor as basis of global inequality
8. STRENGTHS
 Wallerstein’s model= dynamic
ď‚— Allows for movement and change
 “semi=peripheral”
ď‚— Core
ď‚— Peripheral
 Allows for systems that are
neither this nor that
 Enough to encompass regions all
over the world during this time
period