World Systems Theory

Dane Fuentes Sociology 10/19/12 being Systems hypothesis Immanuel Wallersteins World Systems possibleness is the theory of how multinational familiaritys and industrializing nations confirm dominated the creative activity over the last 500 years. Wallerstein as well takes a look at how outer boundary and semi-periphery nations involve become dependent on core nations, delinquent largely to their pretermit of varied resources and driven by the deal to survive.Wallerstein goes on to explain how colonialism has been replaced by neo-colonialism, a new form of using people, land, and resources strictly for economic gain. This neo-colonialism, he claims, will running to a perpetuation of wealth and to a greater extent strict ascribed statuses and global stratification. One course neo-colonialism is highly visible, is in the presence of effort shops or maquiladoras. Maquiladoras be sweat shops that argon owned by multinational corporations that are common in developing and under-developed countries.These sweat-shops do not give their histrions any rights. There is no military control security, benefits, or retirement pensions. People work, until they nookie no longer work, and then perish. The worker is then replaced, possibly by his children, and the corporation moves on, never noticing the now disenfranchised worker who has to find a new bureau of survival and, in his desperation, perhaps crook to crime. The IMF and World Bank are deuce multinational corporations that also may have contributed in many ways to the coarse inequality that is the global economy.These financial institutions provided instigate to needy countries. However, in exchange for this aid, the IMF and World Bank asked for very strong influences in those needy countries as well as heightened interest rates on the loans themselves. The countries are then, in turn, caught in a cycles/second of conceding to the Banks demands and paying their national debt. some underdevelo ped countries, such as gold coast and The Philipines, cannot pay these debts, so in turn, these debts grow.At the equal time, the multinational corporations are syphoning out resources due to their influence within those countries, leaving cutting wastelands and poverty-stricken, disenfranchised people in their wake. Therefore, it may be seen that the multinational corporations may have sought to help these developing countries in a time of need, but in truth they were seizing an opportunity to indirectly buy the land from under the people living on it. This forms the basis of neo-colonialism.