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Key idea: Integrated capitalist world-system transcending boundaries

Wallerstein argues that an integrated capitalist world-system exists as an independent entity that transcends political and geographical boundaries, as opposed to a world system comprising the sum of the world’s individual national economies.

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Themes & Theories in International Relations
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5. Capitalism. energy, exploitation
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B. World Systems Theory
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A. Wallerstein
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Key idea: Integrated capitalist world-system transcending boundaries
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Global division of labour that requires & increases global inequality
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Lenin's thinking developed into world-system theory by Wallerstein
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Wealth drained from periphery to core: wealth-poverty divide expands
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World-system = core, semi-periphery, periphery zones.
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