World Systems Theory - Explained

Published: 17 July 2020
on channel: B2Bwhiteboard
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World-System Theory is a holistic, interdisciplinary framework for understanding global history and social dynamics. It prioritizes the world-system, rather than individual nation-states, as the central unit of analysis. This theory asserts that the world operates as an interconnected system, where economic, political, and cultural forces transcend borders, influencing societies on a global scale. Developed by scholars like Immanuel Wallerstein, it elucidates how core nations dominate and exploit peripheral ones within this global structure. World-System Theory emphasizes the role of capitalism, unequal power relations, and long-term historical trends in shaping the world. It offers valuable insights into the complexities of globalization and social change.
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