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Immanuel Wallerstein

Immanuel Wallerstein. By: Danny Chon. Short Biography. Born on September 28 th , 1930 in New York City, New York High-school during WWII Went to Columbia College in 1947 Received Ford Foundation African Fellowship in 1955 Yale from 2000-- present. World-Systems analysis.

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Immanuel Wallerstein

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  1. Immanuel Wallerstein By: Danny Chon

  2. Short Biography Born on September 28th, 1930 in New York City, New York High-school during WWII Went to Columbia College in 1947 Received Ford Foundation African Fellowship in 1955 Yale from 2000-- present

  3. World-Systems analysis 1970’s, thought of “world-systems analysis” Wanted to know why some regions are more developed than others Manifestations of modernization during rise of Western Europe 1450--1670

  4. The Modern World System Wrote The Modern World System: Capitalist Agriculture and the Origins of the European World Economy in the Sixteenth Centuryin 1974 Explained why there are MDC’s and LDC’s First need to analyze things in a historical sense

  5. Stages of Development

  6. Pre-stage: Feudalism (1150 A. D. —1450 A. D.) Before capitalism, feudalism dominated Western European society 1150—1300, commerce and population expanded 1300—1450, expansion ceased, economic crisis! (Black Plague: 1348—1350) How do we fix this?

  7. Stage 1+2: The Modern World System (1450 A. D. – 1670 A. D.) CAPTALISM! Ensure economic growth International division of labor Hapsburg failed to convert world to their empire Countries tried to strengthen their positions in the world

  8. How Countries Attempted to Strengthen Bureaucratization Expansion of militia Absolutism Diverse economic activities

  9. Stage 3+4: Industrialism (18th Century – Onwards) Industrial capital > agricultural capital Exploitation! Rise of industries Africa + Asian countries = increased available surplus

  10. Why there are MDC’s and LDC’s Division of labor! Labor conditions within each region Political system in each country determined placement in world economy Four categories: “Cores”, “Semi-Peripheries”, “Peripheries”, and “External Areas”.

  11. The World System Theory Model External Areas

  12. “Cores” Northwestern Europe (England, Holland, France) Strong central governments Extensive bureaucracies Large mercenary armies

  13. “Peripheries” Eastern Europe (Poland) and Latin America Lacked central government Controlled by other states Raw materials to Cores Cheap labor

  14. “Semi-Peripheries” Buffers between Cores and Peripheries Had high quality goods Lacked dominance in international trade Exploited Peripheries, but often exploited by the Cores (Spain and the American colonies)

  15. “External Areas” Maintain their own economic systems Internal trade > external trade Internal commerce was primary objective Russia

  16. Lasting Impact Explanation on wide-ranging effects of modernization Why there are MDCs and LDCs Historical evidence

  17. Bibliography http://www.fordham.edu/halsall/mod/Wallerstein.asp http://www.iwallerstein.com/about/ http://crimsonlockeronline.com/biography-of-immanuel-wallerstein/ http://apmodels.wikispaces.com/Political+Geography

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