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970 World-Systems Perspective<br />

Wallerstein, Giovanni Arrighi, Samir Amin, Andre<br />

Gunder Frank, and a few others. The three volumes<br />

of The Modern World-System by Wallerstein,<br />

published in 1974, 1980, and 1989, laid out a firm<br />

foundation for the development of the field by<br />

outlining a number of key concepts and formulations.<br />

The Fernand Braudel Center at Binghamton<br />

University, State University of New York, where<br />

Wallerstein was based from 1976 to 2005, has been<br />

instrumental for the development of world-systems<br />

studies along with its journal Review (1977–<br />

present). In 1977, Wallerstein helped to found a<br />

new section under the American Sociological<br />

Association: the Political Economy of the World<br />

System (PEWS), which organizes an annual meeting<br />

on world-systems studies and has attracted<br />

researchers across academic disciplines. The<br />

Institute for Research on World-Systems, founded<br />

by Christopher Chase-Dunn at the University of<br />

California, Riverside, is another key institution in<br />

the field. The Journal of World-Systems Research<br />

(1995–present) is the official publication for the<br />

PEWS section, and it regularly organizes theme<br />

issues featuring current debates in the field.<br />

The main areas of focus for world-systems studies<br />

include world economic relations and inequality,<br />

trends and cycles of capitalist expansion and<br />

contraction, interstate relations and the rise and<br />

fall of hegemony, prehistoric and premodern<br />

world-systems, and third-world development.<br />

Since the 1990s, facing new empirical conditions<br />

of the world economy, the WSP has incorporated<br />

a few new research areas, such as transnational<br />

social movements; global economic restructuring<br />

of manufacturing and services; climate change and<br />

environmental activism; transnational capitalist<br />

class and corporate networks; global food problems<br />

such as commodification of food, land rights,<br />

and displacement of peasants; and grassroots<br />

movements against food insecurity. What unifies<br />

these different research areas is the common<br />

assumption that political and socioeconomic processes<br />

should be studied in their world-historical<br />

context and from a relational perspective focusing<br />

on uneven development.<br />

The key concepts laid out by Wallerstein include<br />

totality, world economies, world empires, and core,<br />

semiperiphery, and periphery relations. Wallerstein<br />

is interested in social change over a long historical<br />

period, and he takes the capitalist world economy<br />

as the basic unit of analysis. He identifies three<br />

types of totality or historical modes—minisystems,<br />

world economies, and world empires. Minisystems<br />

are tribal economies based on a single culture, and<br />

most of them have been swallowed up by modernization<br />

and capitalist development. World economies<br />

and world empires are world systems based<br />

on multiple cultures. Both seek the extraction of<br />

economic surplus, but they employ a different<br />

mode of extraction, with the world economy based<br />

on unequal division of labor and market exchange<br />

and the world empire based on state-sponsored<br />

tributary systems such as colonies and empires.<br />

To use the sixteenth century as an example,<br />

China was a world empire organized around one<br />

political center and ruled by mandarins who could<br />

enforce policies over its vast territory, whereas<br />

Europe was a world economy organized as a set of<br />

competing states with different strengths, where<br />

financial capital had great influence over state<br />

policies. There is a high degree of interdependence<br />

between world economies and world empires<br />

because surplus extraction characterizes both market<br />

exchange and interstate relations.<br />

Corresponding to the distinction between world<br />

economies and world empires, world-systems<br />

scholars have investigated, respectively, the political<br />

and economic dimensions of the world-systems.<br />

With regard to the political dimension, researchers<br />

focus on interstate systems such as imperialism<br />

and hegemony. According to Wallerstein, imperialism<br />

refers to the domination of weak states or<br />

regions by strong states, whereas hegemony refers<br />

to the temporary domination of one core state over<br />

all other states. World-systems scholars have examined<br />

hegemonic cycles, conflicts, and stability<br />

within the hierarchy of nation-states, as well as the<br />

key determinants of interstate relations. They view<br />

capitalist economic systems and individual countries’<br />

ability to extract economic surplus as the<br />

primary determinants of the interstate hierarchy,<br />

with military–political capacity as a secondary<br />

support for hegemonic assertions. Holland, Britain,<br />

and the United States are examples of hegemonic<br />

powers throughout the modern history, and each<br />

of them rose to a dominant position based on a<br />

different mode of surplus extraction.<br />

With regard to the economic dimension, the key<br />

formulation is core, semiperiphery, and periphery<br />

relations. According to the WSP, capitalism is a

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