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by Sven Triloqvist The mark of the modern world is the imagination of its profiteers and the counter-assertiveness of the oppressed. Exploitation and the refusal to accept exploitation as either inevitable or just constitute the continuing antinomy of the modern era, joined together in a dialectic, which has far from reached its climax in the twentieth century. Diary rescue by Migeru
[editor's note, by Migeru] Originally published on 2008 march 9.
Immanuel Wallerstein lectured this week in Helsinki. He was basically predicting the collapse of Capitalism in decades, because the end of cheap labour and cheap resources means not enough profit for the profiteers. The Capitalists today, in his view, only survive by creating artificial markets and by speculation. The global system has already slipped into chaos, with new blocs challenging the US hegemon and coalescing around the EU, Japan, China, Russia, India and Brazil.Wallerstein draws on three intellectual influences Marx, French historian Fernand Braudel and Dependency Theory.
As a post-Marxist "theory" World system theory is much based on the works of Karl Marx. In fact this is the first application of Marxism to international relations. One of the roots of the theory is the notion of Imperialism, which for many Marxists in the 20th Century was "the highest stage of capitalism, a term coined by Vladimir Lenin, who also used the terms periphery and core as a means to analyse world politics and economy.
Braudel claims that there are long-term cycles in the capitalist economy which developed in Europe in the 12th century. Cities and later nation-states follow each other subsequently as centers of these cycles. Venice and Genoa in 13th to 15th century (1250-1510), Antwerp in 16th (1500-1569), Amsterdam in 16th to 18th (1570-1733), London and England in 18th and 19th (1733-1896). He argued that "structures" -- a word he uses to mean many kinds of organized behaviours, attitudes, and conventions, as well as literal structures and infrastructures -- that were built up in Europe during the Middle Ages contributed to or were perhaps responsible for the success of European-based cultures up to the present day. Much of this he appears to attribute to the long-lived independence of city-states, which although later subjected by geographic states, were not always completely suppressed -- probably for reasons of usefulness.
Dependency and world system theory hold, that poverty and backwardness in poor countries are caused by the peripheral position that these nations have in the international division of labor. Ever since the capitalist world system evolved, there is a stark distinction between the nations of the center and the nations of the periphery. Cardoso summarized the quantifiable essence of dependency theories as follows:
I am trying to educate myself here. I am sure many of you are already aware of Wallerstein, Braudel et al |
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LQD The Modern World-System | 26 comments (26 topical, 0 editorial, 0 hidden)
LQD The Modern World-System | 26 comments (26 topical, 0 editorial, 0 hidden)
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