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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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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
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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.