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World Systems Theory

Carlos A. Mart nez Vela Fall 20011 World Systems Theoryby Carlos A. Mart nez-Vela11. The ApproachWorld- system Theory is a macrosociological perspective that seeks to explain thedynamics of the capitalist World economy as a total social system . Its first majorarticulation, and classic example of this approach, is associated with ImmanuelWallerstein, who in 1974 published what is regarded as a seminal paper, The Rise andFuture Demise of the World Capitalist system : Concepts for Comparative Analysis. In1976 Wallerstein published The Modern World system I: Capitalist Agriculture and theOrigins of the European World -Economy in the Sixteenth Century.

are associated with Wallerstein’s life experience and exposure to various issues, theories, and situations. World-system theory owes to the Annales school, whose major representative is Fernand Braudel, its historical approach. Wallerstein got from Braudel’s his insistence on the long term ( la longue dureé ).

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