This document discusses world system theory and its key concepts. World system theory sees the global economy as consisting of three parts: the core developed countries, the semi-periphery developing countries, and the periphery underdeveloped countries. It argues that the structure of the global economy is unjust and that conflict arises from class struggles within this economic system. The theory provides an important critique of realism and liberalism by highlighting the connection between politics and economics and the conflictual nature of the global economy.

1. Name: Karima Yesmin
ID: 1501014
SEC- B

2.  Units of analysis - Social Classes.
 Poor, Marginalized and oppressed people.
 Influenced by Marxist thought.
 Dependency theory and World System theory.
 Interdependence and interconnectedness.
 Structure is unjust.
Basic Assumptions

3. • Provides an important critique of realism and
liberalism.
• Highlights the connection between politics
and economics.
• Stresses the conflictual nature of the global
economy .
Cont…

4. Structure of World
Economy:
i. Core - developed
countries
ii. Semi-periphery -
developing /
industrializing countries
iii. Periphery- under
developed countries
World System Theory

5.  Associated with the capitalist development and
industrialization.
 A form of neo-imperialism.
 “The Poor can become like the rich”
Modernization

6.  States are autonomous actors.
 Political struggle is not limited to the conflicts
between states.
 Concentrates on conflict between states.
Realist Perspectives on Conflict and Political Struggle

7.  State system is determined by the global
capitalist system.
 Global economic relations are highly
conflictual.
 Conflict arises due to the class struggles.
Structuralist Perspectives on Conflict and Political Struggle

8. • A problem highlighting approach.
• Reductionist.
Criticisms

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