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Lecture Slides - World System Theory, Slides of Economic Sociology

World system theory in key aspect and application, strengths and weaknesses and post transition vision.

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2021/2022

Uploaded on 03/31/2022

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 Background

 Key aspects & application

 Strengths & weaknesses

 Post-transition vision

 Discussion: Today’s relevance

Outline

 Progress not necessarily good or unidirectional

 Analysis as historical social science

 Unit of analysis: historical system

Key aspects of

World-System Theory (1)

Mini-system World empires World economy

 Trimodal system (core, semi-periphery, periphery)

 Distinct mechanisms concerning development

 Periphery  semi-peripheral status

 Semi-periphery  core status

Key aspects of

World-System Theory (2)

 Often used as general framework in various

disciplines (economy, political science, history,

anthropology etc.)

 Comparative development: Dynamics and

relationships

 Van Hamme & Pion (2012): Core-peripheries

division still structures economic flows

 Example: Information Flows (Golan, Himelboim

Application

Trade Openness (2000)

Gini Coefficient

Strengths & weaknesses of

World-System Theory (1)

Strengths

 Inclusion of concept of semi-periphery (as for many countries it has proven to be stable condition, more than a transitional phase)  holistic perspective allows for more abstract conclusions  mirrors interdependency of spheres (not only inter- connection of single states)

Weaknesses

 Development measured on
questionable criteria
 core status will most likely
stay with same actors
 development of peripheries
depends upon core countries
(internal factors are rather
neglected)
 Specialisation in low-tech
production may produce profits
in the short term, but this is at the
cost of long-term development.

Wallerstein: Radical transformation of the world system

 global socialist revolution

= re-distribution of resources and power

What happens after the

transition?

Discussion: Relevance

 Bunker, S. 2007. Natural values and the physical inevitability of uneven development under capitalism. In: Hornborg, A., McNeill, J., Martínez-Alier, J. (Eds.), Rethinking Environmental History: World-System History and Global Environmental Change. Plymouth: Altamira Press, 239 – 258.  Chase-Dun, C., Kawano, Y., Brewer, B. 2000. Trade globalization since 1795 : Waves of integration in the world-system. American Sociological Review ., 65 (February), 77 - 95.  Elwell, F. W. 2013. Wallerstein’s World-Systems Theory. Retrieved 12 November 2016 from <http://www.faculty.rsu.edu/~felwell/Theorists/Essays/Wallerstein 1 .htm>  Golan, G. J., Himelboim, I. 2016. Can world system theory predict news flow on twitter? The case of government-sponsored broadcasting. Information, Communication& Society , 19 ( 8 ), 1150 -

 Hugill, P. J. 1997. World-system theory: where’s the theory? Journal of Historical Geography , 23 ( 3 ), 344 - 349.  Kwon, R. 2011. Hegemonies in the world-system: An empirical assessment of hegemonic sequences from the 16 th^ to 20 th^ century. Sociological Perspectives , 54 ( 4 ), 593 - 617.  Letukas, L., Barnshaw, J. 2008. A world-system approach to post-catastrophe international relief. Social Forces , 87 ( 2 ), 1063 - 1087.

Bibliography (1)

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