What Wallersein proposed instead was a unified system tactic that did not Restrict itself to Anyone issue or strategy for analyzing worldwide concerns but mixed the spheres of Culture, financial system, and politics.
Prebisch was the first to make use of the terms Main and periphery to explain this romantic relationship – a terminology that Wallerstein afterwards built upon for his own planet systems idea. Prebisch was notably serious about the curious scenario of Argentina, that, commencing the 20th century as one of several richest countries on this planet on account of its strong agrarian exports, did not retain tempo with other prosperous nations around the world of Europe and North America, finally sliding into a seemingly interminable cycle of economic stagnation and political disaster.
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This “growth of underdevelopment,” or “dependency idea,” provided a plot for environment historical past, but it was one particular with out…
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