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Published byMelvin Hamilton Modified over 8 years ago
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Immanuel Wallerstein World Systems Analysis
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The world is divided into 3 categories and countries shift among these categories over time: Global economic core consists of industrialized, developed countries that drive the global economy The global economic periphery consists of countries that are underdeveloped and were, usually, once the core’s colonies Ex: France and Mali, UK and Uganda Global economic semi-periphery is a 3 rd region in the world system in which countries are between core and periphery
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are intermediate, being both exploited by the CORE & take some role in the exploitation of the peripheral areas. In the recent past they have been expanding their manufacturing activities particularly in products that core states no longer find very profitable. (RUST BELT) Ex: India, South Africa, Mexico, China bridges the gap between the rich CORE countries and the POOR periphery countries
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Wallerstein divides the capitalist world- economy into core states, semi-peripheral, and peripheral regions. The peripheral areas are the least developed; they are exploited by the CORE for their cheap labor, raw materials, and agricultural production. (Think cash crops)
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