Frank W. Elwell — Immanuel Wallerstein's World-Systems Theory

25 slide presentation of Immanuel Wallerstein's World-Systems Theory by Frank W. Elwell,  author of Macrosociology: Four Modern Theorists. Wallerstein was a student of C. Wright Mills, Professor of sociology at Columbia University and author of The Power Elite.

Wallerstein's World-Systems Theory is power-based. It deals with flows of people, information, resources, products, and wealth in a world-system that is social(institutional), political (power-based) and economic (distributive). It is a Marxian analysis that sees the ultimate outcome of the world game being socialism after the breakdown of capitalism owing to its internal contradictions.

If you are are not familiar with Wallerstein, this is a good introduction to his thinking.

Immanuel Wallerstein's World-Systems Theory 
Frank W. Elwell, Professor of Sociology at Murray State University,
ht Jan Milch

masaccio — C. Wright Mills Explains the End of Liberalism

C. Wright Mills: As the administrative liberalism of the Thirties has been swallowed up by economic boom and military fright, the noisier political initiative has been seized by a small group of petty conservatives, which on the middle levels of power, has managed to set the tone of public life. Exploiting the American fright of the new international situation for their own purposes, these political primitives have attacked not only the ideas of the New and Fair Deals; they have attacked the history of those administrations, and the biographies of those who took part in them.…

On the one hand, we have seen a decayed and frightened liberalism, and on the other hand, the insecure and ruthless fury of political gangsters.

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C. Wright Mills Explains the End of Liberalism
masaccio

(h/t Kevin Fathi via email)

C. Wright Mills is best known for The Power Elite.