He says: “Capitalism has been a remarkably successful system, in terms of its fundamental objectives: the endless accumulation of capital. As a consequence of doing it, it has expanded the means of production enormously. Capitalism has simultaneously been an incredibly polarising system, ever more polarising, and ever more impoverishing. Capitalism is in trouble today. It is not in trouble because there are social movements. Social movements are a consequence of the trouble. The processes it has used to accumulate capital have reached certain inbuilt limits. What we’re seeing in the world is not a sign of the success of capital, but the great difficulties of capital … “. (Read all on Al-Ahram).
Immanuel Wallerstein – USA
See his world system theory. This text is part of the Internet Modern History Sourcebook. The Sourcebook is a collection of public domain and copy-permitted texts for introductory level classes in modern European and World history.
Born in 1930 in New York, Wallerstein attended Columbia University, where he received a B.A. in 1951, an M.A. in 1954 and a Ph.D. degree in 1959, and subsequently taught until 1971, when he became professor of sociology at McGill University. As of 1976, he served as distinguished professor of sociology at Binghamton University (SUNY) until his retirement in 1999, and as head of the Fernand Braudel Center for the Study of Economies, Historical Systems and Civilization until 2005. Wallerstein held several positions as visiting professor at universities worldwide, was awarded multiple honorary titles, intermittently served as Directeur d’études associé at the École des Hautes Études en Sciences Sociales in Paris, and was president of the International Sociological Association between 1994 and 1998. Since 2000, he has been Senior research Scholar at Yale University. (Read all on wikipedia). See also: one – this disambiguation page of wikipedia, and second: – a description on the german wikipedia.
Read his text: Pax Americana, the eagle has crash landed.
He is … and chair of the international Gulbenkian Commission on the Restructuring of the Social Sciences (1993-1995). He writes in three domains of world-systems analysis: the historical development of the modern world-system; the contemporary crisis of the capitalist world-economy; the structures of knowledge. Books in each of these domains include respectively The Modern World-System (3 vols.); Utopistics, or Historical Choices for the Twenty-first Century; and Unthinking Social Science: The Limits of Nineteenth-Century Paradigms. (Read all on Yale University).
The 20th was America’s, but that’s history, by Immanuel Wallerstein, Sunday, July 16, 2006 on San Francisco Chronicle.
Read his essay: America and the World, the Twin Towers as Metaphor on ssrc;
See also his book in swedish: LIBERALISMENS DÖD, Slutet på den rådande världsordningen;
Middle East, Cradle or Graveyard of the Empire? (Juliy 15, 2006), by Ardeshir Mehrdad;