World-Systems Analysis - Immanuel Wallerstein

World-Systems Analysis by Immanuel Wallerstein offers a comprehensive framework for understanding global history and economics through the lens of a single, interconnected world system. Wallerstein argues that since the 16th century, the world has been organized into a capitalist system with a core of wealthy, dominant nations exploiting the resources and labor of peripheral and semi-peripheral regions. This economic and political structure, he asserts, drives global inequality and shapes the development of nations. Wallerstein's analysis challenges traditional nation-centered approaches to history, presenting a broader, systemic view of capitalism's role in shaping the modern world order.