Globalization describes an economically driven imaginary associated with modernity, capitalism, and Eurocentric forms of imperialism and colonialism. It conceptualizes the world as a single, interconnected unit open to an ever‐expanding drive of capitalist progress and the various processes, economic, cultural,… Read More ›
Immanuel Wallerstein
World Systems Theory
A theory of the operation of the world economic, social and political system, formulated by Immanuel Wallerstein (1974a; 1974b). The chief assertion of this theory is that the capitalist system has been the world economic system since the sixteenth century… Read More ›
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