The fact that capitalism has not been transformed into a world-empire is believed by Wallerstein to have contributed greatly to its long-term persistence.

Question

Quizplus · Accepted Answer

Immanuel Wallerstein, in his world-systems theory, argues that the non-transformation of capitalism into a world-empire has allowed for its adaptability and longevity, as it has been able to incorporate various regions and societies into its economic system without the rigidity and overextension that typically come with empire.

The Fact That Capitalism Has Not Been Transformed into a World-Empire