Unit_4 - WorldSystems WorldSystems Perspective ISS315...

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World Systems  World Systems  Perspective Perspective ISS 315
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Outline 1. World Systems Perspective? 2. Historical Background 3. Main features 4. Characteristics A. Core nations B. Periphery nations C. Semi-periphery nations 5. Examples 6. Criticism
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1. World Systems  Perspective? World Systems Perspective views all  societies as constituting a single  functional system of economic and  political interdependence (Olsen, 1992)
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2. Historical Background   A. Influence of Karl Marx B. Critique of Modernization Theory C. Significance of Dependency Theory D. Wallerstein and the followers
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3. Main Features   A. Current capitalistic world economy  has  its roots in 19th century Europe. B. This system gives freedom to the  seller to make profit from the market.  C. The so called free market under this  system promotes and strengthens  stratification.  D. Development of one nation is at the  cost of underdevelopment of another  nation.
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This document was uploaded on 10/28/2011 for the course ISS 315 at Michigan State University.

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Unit_4 - WorldSystems WorldSystems Perspective ISS315...

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