Historical Capitalism with Capitalist Civilization
Nevertheless, as an academic he has a responsibility to remain true to the evidence at hand.
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This burden is not always realized. He never provides sources for the facts he cites and occasionally makes unsubstantiated claims, such as his argument that 15th century elites may have deliberately created capitalism as an inegalitarian system to pre-empt harmful trends towards economic equality. Ideas published in a book inherently gain legitimacy in the eyes of the public, so a claim this radical should not be promulgated without some evidence of this class-based intentionality.
Nevertheless, the most popular criticisms of his book are misplaced. Many critics see it as failing to consider the vast cultural differences contained in the periphery. This is undeniably true, but only because homogenization is the essence of his project. Wallerstein wants to transform a system as vast and layered as global capitalism into a more understandable model so that the reader can step back and view it in its entire systemic form. Criticisms of this approach are tantamount to denying that such models should not exist — an argument that can be made, but one that rings hollow when one considers how imperative it is that the public understand the insidious ways in which capitalism can operate.
Similarly, arguments that his approach is core-centric, while true, simply reflect the extent to which Europe has dictated sometimes by force the implementation of the global capitalist system. There is a place for a book that accedes to these criticisms and tracks how exactly the history of capitalism differs across the globe. However, Historical Capitalism with Capitalist Civilization is not trying to be that book. Instead, it is a highly illuminative investigation of the ways that the core states — and specifically their producer classes — manage to dictate capitalist operations across this globe, and the many inherent contradictions that will lead to its end.
While Wallerstein has issues with overreach and accuracy, he handily achieves his ultimate purpose of portraying capitalism as a unique temporally and spatially bound system.
Book Review. Wallerstein claims that quasi-monopolies are self-liquidating because new sellers go into the market by exerting political pressure to open markets to competition. Kondratiev waves A Kondratiev wave is defined as a cyclical tendency in the world's economy.
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It is also known as a supercycle. Wallerstein argues that global wars are tied to Kondratiev waves. According to him, global conflicts occur as the summer phase of a wave begins, which is when production of goods and services around the world are on an upswing. From Wikipedia, the free encyclopedia. Immanuel Wallerstein. Wallerstein giving a talk at a seminar at the European University at St.
Petersburg in May New York City , U. Branford, Connecticut , U. ProQuest LLC. Retrieved October 11, November 1, International Sociology.
SAGE Publications. The Essential Wallerstein. Noel Parker and Stuart Sim. Retrieved Minakowski May 27, Retrieved September 2, Boulder, CO: Westview Press. Lemert, Charles. Westview Press. April Curriculum Vitae. Contemporary social and sociological theory: visualizing social worlds.
Retrieved 27 February Parker, Noel and Stuart Sim.
Historical Capitalism with Capitalist Civilization
Retrieved 3 September Journal of World-Systems Research 19 2 : The Globalization of World Politics. Oxford University Press.
Newbury Park, London: Sage Publications. Dictionary of Sociology. London, England: Penguin Books Ltd. Durham: Duke University Press. Retrieved 30 September Journals Outline Studies.
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Synopsis About this title In this short, highly readable book, Immanuel Wallerstein provides a condensation of the central ideas of The Modern World-System, his monumental study of capitalism as an integrated, historical entity. From the Back Cover : In this short, highly readable book Immanuel Wallerstein provides a condensation of the central ideas of his monumental study of capitalism as an integrated, historical entity: The Modern World-System. Buy New Learn more about this copy. About AbeBooks. Other Popular Editions of the Same Title. Search for all books with this author and title.
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