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The document discusses World System Theory as articulated by Dr. Christopher S. Rice, emphasizing the influences of East Asian growth, U.S. capitalism, and the ideas of neo-Marxism and historical analysis by figures such as Immanuel Wallerstein and Fernand Braudel. It outlines the different historical systems—mini-systems, world empires, and world economies—while exploring core, semi-periphery, and periphery dynamics in relation to economic development. The text also compares England's low-wage route to high-wage routes in countries like the United States and Australia, particularly in textile production and market expansion strategies.




















