StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Immanuel Wallersteins World System Theory and His Argument on End of Capitalism - Essay Example

Cite this document
Summary
The paper "Immanuel Wallersteins World System Theory and His Argument on End of Capitalism" discusses that while gender is taken as a personal identity, a social status, sex is considered a complex interplay of hormones, environment, physiology, and behavior…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Immanuel Wallersteins World System Theory and His Argument on End of Capitalism
Read Text Preview

Extract of sample "Immanuel Wallersteins World System Theory and His Argument on End of Capitalism"

Sur Supervisor Sociology Question: Immanuel Wallersteins World- System Theory and his argument on end of capitalism. A way back, Karl Marx was able to see certain inherent contradictions in functioning of capitalism. Immanuel Wallerstein argues that these contradictions still run high in world-systems though a broad political, economic and legal framework does exist in the current times. According to him, states and their functioning can be understood only in reference to the capitalistic world-system that prevails. Wallerstein argues that the world has moved a lot since the days of Marx; states not only support capitalist enterprising efforts by providing subsidized transportation and raw materials to them but also let them go scot free for their misdemeanors to creating pollution and spoiling the environment. It is also true that capitalism "has become increasingly global" (Ritzer, p.122). Entrepreneurs under this capitalistic set up do not undertake those activities where profits are not available. For example preserving forests, keeping air and water clean and so on. In actuality, states bear the costs of all toxicity capitalists create. States also help them in creating quasi-monopolies. Such enterprises rarely create what they consume. Vanishing forests are the greatest examples of rampant exploitation of natural resources. States do not recover the true cost of raw materials from them rather make needed raw materials available to them from other sources when get depleted. Wallerstein is right in his argument that free markets are not free in true sense. On the contrary, patent laws help firms to create monopolies and accumulate capital (Allan). In the new world scenario, a relationship exists between core and periphery economic states. Less profitable products are produced in periphery states by paying less to the workers. Thus, peripheral economies develop their own capitalist base. Over time, peripheral states attain a state of semi-peripheral state and begin following footsteps of the core economies. They also begin exploiting workers in the same sense as core economies are indulged into (Allan). While state attempts to hold its dominant core status, it often ends up losing its grip to other emerging nations. That is why they indulge into developing military power to maintain its hold over the world nations. However, the act results into a further decline due to tax burden they need to impose on their own citizens. Wallersteins argues that the cost of hegemony weakens their status within the world-system. For example, the USA bore the brunt of not only Cold War with the erstwhile USSR but also wars in Korea, Vietnam, Kuwait, Afghanistan, and lastly in Iraq. Time and again, emerging core economies such as China, Japan, and economically strong Western Europe continued challenging its core economic status. As if this was not enough, the US got a big jolt by terrorist attack on September 11, 2001 putting its hegemonic status in peril. Moreover, the formation of institution such as the United Nations has further weakened the prevailing world-system (Allan). While collapse of Ottoman regime in 1571, the beginning of Industrial Revolution in 1750, the Russian Revolution in 1917 were the transition points to shifting capitalist base from one part of the world to other, the phenomena has not halted, yet. Students’ movements, during 1960s, in several countries such as Poland, Germany, China, Japan, Mexico, Vietnam and the US have further weakened the capitalistic world-system. In such circumstances, three key factors, according to Wallersteins, would cause the demise of capitalism. The first is the sharp increase in the costs of labor and production that will result into decreasing profit margins; secondly, contraction of the middle class – responsible to creating a huge market base of a capitalistic system, and the third, which is the most critical – the environmental deterioration in terms of deforestation, ozone tear, climate change, global warming and raw material depletion at the rapid rate. These conditions will lead to underproduction – creating supply side constraints. These possibilities will impact the capitalistic system worldwide significantly causing the demise of capitalism (Allan). Question: Discuss how Queer Theory is generally situated within the standpoint theory and postmodern by focusing on its main claims and contributions to social theory? In recent years, while going into the matter of gender inequality, feminists have discovered more complex views about sex, sexuality and gender. While gender is taken as a personal identity, a social status, sex is considered a complex interplay of hormones, environment, physiology and behavior. Sexuality is not only socially constructed but a physiological and emotional phenomenon too (Lorber). In light of the complexities involved with gender and sexuality issues, radical and lesbian theories of women oppression, overtime, converged into standpoint feminism that criticizes and challenges the very basis of feminist research. They categorically state that womens view points are different from mens. Women conduct everyday work in a way that men do not. Womens view of the material world is real as it comes from the ground realities of everyday responsibilities. Only women – and not men can conduct more authentic research from a womans perspective after taking into account womens experiences. It recognizes the fact that perceptions of women come from their own experiences. Old traditions as well as cultural associations also shape up women’s perceptions. Socio-economic status is another crucial factor in forming perceptions. Gender differences, geographical locations, social factors all contribute to differing perceptions between men and women. Standpoint emphasizes that all life experiences and knowledge emerge from situations that men do not have access to due to established social norms and natural limitations. Standpoint feminism, thus, has moved from resistance to confrontation path (Lorber). While the standpoint theory devotes itself to understanding the perspective of oppressed or marginalized class, especially the women, the queer theorists tend to reinvigorate the very subject of sexuality and gender studies. Queer theory raises some of the fresh question pertaining to the relationship equation between power and knowledge aspects of sexuality studies. Postmodernism and queer theorists propose that gender is not only socially constructed phenomenon but even gender identity is also not universal (Weed & Schor). Since, 1990, queer theorists began questioning the gender roles and social divide on the basis of male/female, men/women and heterosexuality/homosexuality. Queer theory is not only about gender but about sexuality too. It further emphasizes that gender and sexuality cannot be categorized because they are unstable and fluid. Judith Butler’s comments are crucial in understanding queer theory: "People are free to consciously and deliberately construct the gender and sexuality they want" (Butler, 289). Similarly, postmodern feminists do not accept conventional assumptions about sex, sexuality and gender as they say male and female; heterosexual and homosexual; man and woman are simply roles that any individual plays. Postmodernism argues that one’s gender is decided – not by biological construct but by his or her behavior that how one talks, dresses or uses body. There is no permanent gender rather they accept multiple possibilities in sexes, genders and sexualities (Butler). Queer theory not only endorses the same argument but goes much beyond. According to queer theorists, one can be male and female at the same time meaning a transgender person can take hormonal treatment and grow breast without doing any surgery to removing his penis. This means that sexualities, sexes and genders can be as varied and numerous as one can imagine. In a way, queer is a standpoint from the different perspective and experiences that goes beyond existing gender norms sexuality, and sexual behavior (Butler). Standpoint, postmodernism and queer all strongly emphasize that gender difference and sexual behavior is not biological but socially constructed. The crux is that they all are not simple resistant but rebellion theories. Thus it can be argued that queer theory is generally situated within the standpoint and postmodernism as far as its claims are concerned. Works-Cited Allan, Kenneth. "A primer in Social and Sociological Theory”. Sage Publication. Butler, Judith. “Gender Trouble: Feminism and the Subversion of Identity”. New York: Routledge. Lorber, Judith. Feminist Theories and Politics. 4th ed. Oxford University Press. Ritzer, George; Stempnisky, Jeffrey. Contemporary Sociological Theory and Its Classical Roots. Weed, Elizabeth; Schor, Naomi. Feminism Meets Queer Theory. Indiana University Press. Bloomington. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Final Exam Essay Example | Topics and Well Written Essays - 1250 words - 9”, n.d.)
Final Exam Essay Example | Topics and Well Written Essays - 1250 words - 9. Retrieved from https://studentshare.org/sociology/1671350-final-exam
(Final Exam Essay Example | Topics and Well Written Essays - 1250 Words - 9)
Final Exam Essay Example | Topics and Well Written Essays - 1250 Words - 9. https://studentshare.org/sociology/1671350-final-exam.
“Final Exam Essay Example | Topics and Well Written Essays - 1250 Words - 9”, n.d. https://studentshare.org/sociology/1671350-final-exam.
  • Cited: 0 times

CHECK THESE SAMPLES OF Immanuel Wallersteins World System Theory and His Argument on End of Capitalism

International Relations

This system, on its own, has been able to acquire surplus which does not have to be used up on the preservation of world order; thus, it on its own has been a major contributor to the growth of capitalism (Baylis, Smith, & Owens 2008).... An economic world system was not merely favourable for the growth of capitalism; it was a requisite of it.... Forced labour and cash crop, which supported these ventures in the periphery, was hence the important foundation for the preliminary growth of capitalism in core countries....
15 Pages (3750 words) Essay

Analytical reviews

The Communist Manifesto is nevertheless a classic of world literature, homing in on vital issues like labor and its value, forms of government for an industrial age, and the economic inter-connectedness of the modern world, and it is extremely useful as a counterpoint to the currently dominant ideas of capitalism.... Part Two: World-Systems Theory: capitalism, Development, and Under-Development.... This manifesto is, as its title suggests, a book of political theory but it is also much more than that....
4 Pages (1000 words) Assignment

Theories of Late Capitalism

The integral dynamics of capitalism lies at the center of the theory of falling profit rates.... This paper ''Theories of Late capitalism'' tells us that in the immediate post-war period, the US Capitalist class was keen to implement Keynesian-type policies in both international and local activities, provided economic conditions and political forces prevailing at the time permitted those policies as effective.... These changes came in as state policies seeking to regulate capitalism, essentially raising the living standards of the working class and their working conditions and increase capitalist profits (Harvey 168)....
9 Pages (2250 words) Essay

The Art of Aggressive Tax Planning

He espouses that in the political economy of capitalism, the developed economies of the West emerge as the holders of capital since they control the market.... The paper "The Art of Aggressive Tax Planning" discusses that capitalism is by its very nature exploitative.... In the political economy of global capitalism, self-preservation is the major consideration of companies such as Google, Starbucks, and Amazon.... In the wake of global capitalism, multinational companies have mastered the art of aggressive tax planning....
4 Pages (1000 words) Essay

Global and Sustainable Development of Social System

Division of labor, fall in wages, Europe becoming the centre of capitalism, an increase of politico-economic groups etc.... tmlAt the end of it, all the supreme power vested in the absolute and greatly empowered monarchy.... He says political and economic conditions completely changed north-western Europe after the end of feudalism.... He traces the modernization of the world through the historical and economical happenings and he feels that modern society and world system have increased the disparity between haves and have-nots because the relationship between the core, peripheral and semi-peripheral remained relative and not constant....
7 Pages (1750 words) Essay

The Relationship Between International Organization and Industrial Change

This essay "The Relationship Between International Organization and Industrial Change" discusses the world systems theory that was "a protest against the way in which social scientific inquiry is structured for all of us at its inception in the middle of the nineteenth century'.... Criticising the then prevalent bimodal Dependency theory, which argues in favour of a bipolar metropolis-satellite structure, he held that it was too simplistic to have a functional worldview organized around it: the meaning that can be read into it is that it would have to be, in a sense, future-proof against times that would only get more—and less—interconnected....
12 Pages (3000 words) Essay

Power and International Relations

The paper will discuss neorealist theories such as Kenneth Waltz's theory of international politics and how it depicts power in international relations.... Then it will look at Immanuel Wallerstein's world systems theory, its application, and criticisms.... The international relations theory sees the nation-state as a unit which strives to control its interests.... Many states have been incorporated into an international system....
9 Pages (2250 words) Assignment

Marxism in General Implies Analysis of Social and Political Processes

This literature looks not only at the ways the economic system has an impact on the relations between the states, but it tried to analyze how the ideational factors help preserve.... Finally, based on the debates between Alex Callinicos and Kees van der Pijl this paper will conclude if there is an inherent contradiction between the capitalist states or, as Neo-Granscianism claims, capitalist states, driven by the social forces represented by bourgeoisie elites, will come to a consensus on the common exploitation of the world-system....
8 Pages (2000 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us