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The Capitalist World-Economy (Studies in Modern Capitalism)
 
 
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The Capitalist World-Economy (Studies in Modern Capitalism) [Paperback]

Immanuel Wallerstein
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Product details

  • Paperback: 320 pages
  • Publisher: Cambridge University Press (15 Mar 1979)
  • Language English
  • ISBN-10: 0521293588
  • ISBN-13: 978-0521293587
  • Product Dimensions: 2.3 x 1.5 x 0.2 cm
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Bestsellers Rank: 1,025,911 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Immanuel Maurice Wallerstein
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Review

'The thesis is argued vigorously and with considerable sophistication and will help sharpen perceptions of an important dimension of the structure of world economic relationships which informs much of the demand for a new international economic order.' International Affairs

'The Capitalist World-Economy deserves to be read carefully, critically, and intelligently.' Journal of Economic Issues

Product Description

In The Capitalist World-Economy Immanuel Wallerstein focuses on the two central conflicts of capitalism, bourgeois versus proletarian and core versus periphery, in an attempt to describe both the cyclical rhythms and the secular transformations of capitalism, conceived as a singular world-system. The essays include discussions of the relationship of class and ethnonational consciousness, clarification of the meaning of transition from feudalism to capitalism, the utility of the concept of the semi peripheral state, and the relationship of socialist states to the capitalist world-economy. This book is the first in a three volume collection of Wallerstein's essays. The Politics of World-Economy (1984) elaborates on the role of states, the antisystemic movements and the civilizational project. Geopolitics and Geoculture (1991) analyses both the events leading up to the collapse of the Iron Curtain, and the subsequent process of perestroika in the light of Wallerstein's own interpretations, and the ways in which the renewed concern with culture is a product of the changing world-system.

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First Sentence
The growth within the capitalist world-economy of the industrial sector of production, the so-called 'industrial revolution', was accompanied by a very strong current of thought which defined this change as both a process of organic development and of progress. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews
4 of 4 people found the following review helpful
By A Customer
Format:Paperback
This collection of essays published in the 1970s covers in short and accessible form some of the most important and innovative of Wallerstein's ideas. The first essay is a brilliant exposition of Wallerstein's view that the only way to understand history is to look not at individual nations but at the larger world system in which the nations exist.

There is an essay on ethnicity, class and race which is probably the clearest explanation in the literature for the Marxist view that ethnicity is really determined by class. In Wallerstein's view, the notion of 'people of color' has nothing to do with physical phenotype, but everything to do with the class position within the world-system of the country that person is from. Thus 'pan-Africanism can include the white skinned Arabs of North Africa, but can exclude white skinned Afrikaaners of South Africa.'
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1 of 1 people found the following review helpful
By Harry
Format:Paperback|Amazon Verified Purchase
Wallerstein is best described as a world-social theorist, a theorist and analyst of a "world-society" which is within a World-System. His work is therefore of tremendous cosmopolitan use and of the absolute highest priority for anyone interested in themes of inequality and oppression of the downtrodden.

However, I recommend more recent literature from Wallerstein, such as World-Systems Analysis: An Introduction and The Essential Wallerstein, as well as a whole collection of other more concise and more valuable works in which this man really establishes his true contributions to social theory.

While the prevailing misconception in academia is that "Marxist" theory perished with the Soviet Union, and these essays were published in this book in 1979 by a man commonly described as a Marxist theorist, Wallerstein's contributions to social theory are possibly the greatest available now in the economic turmoil of the Twenty-First Century, and the only real key to the development of a rational perspective on global society. With progressivism in a constant state of failure since 1945, and global inequality literally multiplied by 75 times during that period of so-called progressive and liberal global governance, we have overwhelming evidence that a Capitalist World-Economy has set the parameters of the international scene, and has promised only the "progress" of evil. Although Wallerstein could be pulled under the definition of a progressive himself, the radical spirit with which he treats the conflicted ideas of progressivism and the ways of reaction is an inspiration for the re-evaluation of the international scene and eventual visualisation of the way to gain a substantively rational world. If man seeks to escape the ever worsening abyss of poverty and unnecessary death at last, it is in Wallerstein's social theory that we need to look to develop the necessary rational points of view.
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Amazon.com:  1 review
22 of 24 people found the following review helpful
a brilliant summary of this important theorist's best work 14 Jun 1997
By A Customer - Published on Amazon.com
Format:Paperback
This collection of essays published in the 1970s covers in short and accessible form some of the most important and innovative of Wallerstein's ideas. The first essay is a brilliant exposition of Wallerstein's view that the only way to understand history is to look not at individual nations but at the larger world system in which the nations exist.

There is an essay on ethnicity, class and race which is probably the clearest explanation in the literature for the Marxist view that ethnicity is really determined by class. In Wallerstein's view, the notion of 'people of color' has nothing to do with physical phenotype, but everything to do with the class position within the world-system of the country that person is from. Thus 'pan-Africanism can include the white skinned Arabs of North Africa, but can exclude white skinned Afrikaaners of South Africa.'
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