Monday, March 30, 2015

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

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