Abstract
Our thesis has been articulated in several articles and was outlined in our book, The World System: Five Hundred Years or Five Thousand? (Frank and Gills, 1993). Its main theoretical premises are as follows: (1) The existence and development of the world system that stretches back not just for 500 years but for 5,000 years; (2) The (political) world economy is a world system; (3) The process of capital accumulation is the motor force of (world-system) history; (4) The center-periphery structure is one of the characteristics of the world (system); (5) The world system is depicted by hegemony and rivalry of political power although system wide hegemony has been rare or nonexistent; (6) Long economic cycles of alternating, ascending phases and descending phases underlie economic growth of the world system.
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© 2010 Sing C. Chew and Pat Lauderdale
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Chew, S.C., Lauderdale, P. (2010). A Structural Theory of the 5,000-Year World System. In: Chew, S.C., Lauderdale, P. (eds) Theory and Methodology of World Development. The Evolutionary Processes in World Politics Series. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230108509_4
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DOI: https://doi.org/10.1057/9780230108509_4
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