World System Theory

World System Theory
Historically, modernization programs in the 1960s,
in the Third World countries experienced many failures,
thus encouraging the emergence of the theory of Dependency with flow
the underlying neo-Marxist school. This Dependency Theory then criticized Modernization theory and accused it as a form of rationalization of imperialism. Intermediate debate
two groups of this theory warmed up in the 1960s. When
this is Immanuel Wallerstein rate that capitalist economic order
the world can not be explained only by the two perspectives of the established theories. In this case Wallerstein filed some
facts are:

1. East Asian countries such as lepartg, Thiwan, South Korea,
   Hongkong, Malaysia and Singapore have been able to achieve high economic growth without the theory of Modernization as the one propagated by the US. They also do not experience
   dependence as proposed by the theory of Dependency. This
   is a serious challenge to the strength of the US economy.
2. There were crises in various socialist countries beginning with the fraction in the People's Republic of China and the collapse of the Soviet Union.
3. The phenomenon of the crisis in the United States due to its involvement in
   wars in some Third World countries, the crisis of Water ??? gate, the 1975 oil embargo, inflation and economic stagnation
   The United States of the late 1970s, is a sign
   the collapse of US economic hegemony over the country
   Third World.
   These three basic points become the historical background of the world empire theory proposed by Immanuel Wallerstein. He uses the neo-Marxist framework, he and some
   Other sociologists conduct studies on development in the country Third World with a different perspective with the theory of Modernization and Dependency.