Rise and Fall

2000 ◽  
Vol 24 (4) ◽  
pp. 727-754 ◽  
Author(s):  
Christopher Chase-Dunn ◽  
E. Susan Manning ◽  
Thomas D. Hall

The world-systems perspective was invented for modeling and interpreting the expansion and deepening of the capitalist regional system as it emerged in Europe and incorporated the whole globe over the past 500 years (Wallerstein 1974; Chase-Dunn 1998; Arrighi 1994). The idea of a core/periphery hierarchy composed of “advanced” economically developed and powerful states dominating and exploiting “less developed” peripheral regions has been a central concept in the world-systems perspective. In the last decade the world-systems approach has been extended to the analysis of earlier and smaller intersocietal systems. Andre Gunder Frank and Barry Gills (1994) have argued that the contemporary global political economy is simply a continuation of a 5,000-year-old world system that emerged with the first states in Mesopotamia. Christopher Chase-Dunn and Thomas Hall (1997) have modified the basic world-systems concepts to make them useful for a comparative study of very different kinds of systems. They include very small intergroup networks composed of sedentary foragers, as well as larger systems containing chiefdoms, early states, agrarian empires, and the contemporary global system in their scope of comparison.

2000 ◽  
Vol 42 (4) ◽  
pp. 109-126 ◽  
Author(s):  
Christopher Chase-Dunn

This article presents a short summary of the world-systems perspective on globalization as relevant to considering the possibilities and probabilities of Guatemala’s prospects for democracy and development. Guatemala’s structural position in the larger global political economy is examined. The strategy of “globalization from below” as popular movement alliances’ response to neoliberal corporate globalization is considered in the Guatemalan context.


1993 ◽  
Vol 1 (2) ◽  
pp. 121-143 ◽  
Author(s):  
Thomas D. Hall ◽  
Christopher Chase-Dunn

2013 ◽  
pp. 175-180 ◽  
Author(s):  
Christopher Chase-Dunn

This essay uses the evolutionary world-systems perspective to address questions about the current crises in the global system. This approach analyzes the structure and changing institutional nature of the whole world-system over the past 500 years, with attention to comparisons with earlier regional world-systems (Chase-Dunn and Lerro 2013). The main idea is that the waves of global integration have been driven by system-wide class and national struggles in which the elites of core states contend with one another and the most successful are those that can effectively deal with the resistance from below. This has produced a spiral of capitalism and socialism that has been connected with the rise and fall of hegemons.


Author(s):  
Richard Deeg

The global political economy is a multilevel system of economic activities and regulation in which the domestic level continues to predominate—in other words, it is a global system comprising national capitalist economies. Nations differ in terms of the regulations and institutions that govern economic activity, an observation that is embodied in the so-called “varieties of capitalism” (VoC) literature. Contemporary VoC approaches highlight the significance of social and political institutions in shaping national economies, in stark contrast to neoclassical economics which generally ignores institutions other than markets or sees them as hindrances to the functioning of free markets. Three analytical premises inform the diverse conceptual frameworks within the VoC literature: the firm-based approach, national business systems approach, and the governance or “social systems of production” approach. The VoC literature offers three important contributions to our understanding of the global political economy. The first is that different sources of competitive advantage for firms and nations are institutionally rooted and not easily changed. The second contribution is that these distinct national arrangements give rise to different interests/preferences in how the global economy is constructed and managed. Finally, the VoC approaches provide a framework for analyzing long-term institutional changes in capitalist systems and the persistence of diverse forms of capitalism, including the global financial crisis of 2008–2009 that may usher in yet another epochal change in the “battle of capitalisms.”


Author(s):  
Alan L. Karras

This article argues that historians ought to have two main goals: reconstructing the past in a way that demonstrates how those who lived life in times before our own understood and interacted with the world that they inhabited and ascribing meaning to these past experiences so that they are relevant to those in the present. Atlantic history, at least for the last few decades, has held out tremendous potential for modern world historians. This article describes expanding time and integrating space by considering the Atlantic world as a single entity from the time that the four continents bordering the Atlantic Ocean became linked though exploration. It also discusses community, migration, and the need for political economy; and globalizing Atlantic history.


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