world-systems theory

(noun) Theory asserting that most nations are part of a worldwide interdependent economic and political system based on the unequal exchange in the division of labor and allocation of resources between core nationssemi-peripheral nations, and peripheral nations.

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Audio Pronunciation: (world sys·tems the·o·ry)

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Usage Notes:

  • World system theory was developed by Immanuel Wallerstein (born 1930).
  • Not to be confused with dependency theory.
  • Variant spelling: world system theory
  • Also called:
    • world economy theory
    • world-systems analysis
    • world-systems perspective
    • world-systems

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Works Consulted

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How to Cite the Definition of World-systems Theory

ASA – American Sociological Association (5th edition)

Bell, Kenton, ed. 2014. “world-systems theory.” In Open Education Sociology Dictionary. Retrieved December 16, 2018 (https://sociologydictionary.org/world-systems-theory/).

APA – American Psychological Association (6th edition)

world-systems theory. (2014). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/world-systems-theory/

Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)

Bell, Kenton, ed. 2014. “world-systems theory.” In Open Education Sociology Dictionary. Accessed December 16, 2018. https://sociologydictionary.org/world-systems-theory/.

MLA – Modern Language Association (7th edition)

“world-systems theory.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2014. Web. 16 Dec. 2018. <https://sociologydictionary.org/world-systems/>.