{"title":"Theorist’s Appreciation of Immanuel Wallerstein’s Analysis of Inter-Societal Dynamics","authors":"J. Turner","doi":"10.5195/jwsr.2023.1198","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1198","url":null,"abstract":"","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49081817","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Wallerstein’s Decline and Fall of the Capitalist World-System","authors":"R. Collins","doi":"10.5195/jwsr.2023.1200","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1200","url":null,"abstract":"","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45338939","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Drawing upon both classic and more contemporary world-systems analysis, along with oft-forgotten sections of Arghiri Emmanuel’s work on technology, this paper studies, through a quantitative and qualitative comparative method, the history and development of the global semiconductors industry, its selective spatial re-organization/peripheralization over time, and the logic of technology transfers within the context of core-monopolization of high profit industries. The paper then draws comparisons between semiconductors and prior core-monopolized industries like the automobile industry, and analyzes attempts at entry into core-like production by the large semi-peripheries such as China and India and the difficulties faced by them not only by the structural limitations of the world-system but also due to opposition from the core nations (like the U.S.-China Trade War). Resultingly, the analysis concludes that significant upward mobility for the large semi-peripheries through entry into core industries is, within the current capitalist world-system, largely unfeasible.
{"title":"Assessing Core-Monopolization and the Possibilities for the Semi-Periphery in the World-System Today","authors":"Aryaman Sharma","doi":"10.5195/jwsr.2023.1189","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1189","url":null,"abstract":"Drawing upon both classic and more contemporary world-systems analysis, along with oft-forgotten sections of Arghiri Emmanuel’s work on technology, this paper studies, through a quantitative and qualitative comparative method, the history and development of the global semiconductors industry, its selective spatial re-organization/peripheralization over time, and the logic of technology transfers within the context of core-monopolization of high profit industries. The paper then draws comparisons between semiconductors and prior core-monopolized industries like the automobile industry, and analyzes attempts at entry into core-like production by the large semi-peripheries such as China and India and the difficulties faced by them not only by the structural limitations of the world-system but also due to opposition from the core nations (like the U.S.-China Trade War). Resultingly, the analysis concludes that significant upward mobility for the large semi-peripheries through entry into core industries is, within the current capitalist world-system, largely unfeasible.","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46196047","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Volume 29 (1) of the Journal of World-Systems Research initially included a review of the book Creolizing the Modern: Transylvania Across Empires by Anca Parvulescu and Manuela Boatcă. Due to editor error the review was uploaded with Anca Parvulescu's name misspelled. Accordingly, a slightly revised version of the review has been restored to its original publication site, and the editors apologize for any confusion.
{"title":"Erratum: Review Of: Creolizing the Modern","authors":"Andrej Grubačić","doi":"10.5195/jwsr.2023.1186","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1186","url":null,"abstract":"Volume 29 (1) of the Journal of World-Systems Research initially included a review of the book Creolizing the Modern: Transylvania Across Empires by Anca Parvulescu and Manuela Boatcă. Due to editor error the review was uploaded with Anca Parvulescu's name misspelled. Accordingly, a slightly revised version of the review has been restored to its original publication site, and the editors apologize for any confusion.","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48506688","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article unpacks the relational nexus between financialization and energy—in this case oil—that shaped the 1970s world-economic crisis and that is again central in the convergence between climate change and accumulation crises. Focusing on these critical moments when profitable opportunities for capital narrow and the world-system enters a period of turbulence, I explain the ways in which energy and finance have been central in crisis formation and, in turn, in capitalists’ search for ways out of crises. Starting with a discussion of the 1970s global conjuncture, I explain the role of the “energy crisis” in the first general recession of post-World War II era. I show how the oil price hike of the early 1970s—which compounded the core’s accumulation crisis while also representing a challenge to unequal trade by dramatically revaluing a key global South export—was channeled into fuel for global North financial accumulation via petrodollar recycling and global South debt. Building on this history, I provide a brief examination of this nexus between finance and energy in the ongoing climate crisis. Today the global capitalist class profits from continuing fossil-fueled accumulation and, increasingly, from the grafting of financial instruments onto socio-ecological disruptions.
{"title":"Weathering the Crisis","authors":"R. Ortiz","doi":"10.5195/jwsr.2023.1159","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1159","url":null,"abstract":"This article unpacks the relational nexus between financialization and energy—in this case oil—that shaped the 1970s world-economic crisis and that is again central in the convergence between climate change and accumulation crises. Focusing on these critical moments when profitable opportunities for capital narrow and the world-system enters a period of turbulence, I explain the ways in which energy and finance have been central in crisis formation and, in turn, in capitalists’ search for ways out of crises. Starting with a discussion of the 1970s global conjuncture, I explain the role of the “energy crisis” in the first general recession of post-World War II era. I show how the oil price hike of the early 1970s—which compounded the core’s accumulation crisis while also representing a challenge to unequal trade by dramatically revaluing a key global South export—was channeled into fuel for global North financial accumulation via petrodollar recycling and global South debt. Building on this history, I provide a brief examination of this nexus between finance and energy in the ongoing climate crisis. Today the global capitalist class profits from continuing fossil-fueled accumulation and, increasingly, from the grafting of financial instruments onto socio-ecological disruptions.","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42131322","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Volume 29 (1) of the Journal of World-Systems Research initially included the article "Introduction to the Symposium: Parasitism and the Logics of Anti-Indigeneity and Antiblackness" by Marilyn Grell-Brisk. When first published the article was missing a key citation. Accordingly, a slightly revised version of the review has been restored to its original publication site.
{"title":"Erratum: Introduction to the Symposium","authors":"Marilyn Grell-Brisk","doi":"10.5195/jwsr.2023.1185","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1185","url":null,"abstract":"Volume 29 (1) of the Journal of World-Systems Research initially included the article \"Introduction to the Symposium: Parasitism and the Logics of Anti-Indigeneity and Antiblackness\" by Marilyn Grell-Brisk. When first published the article was missing a key citation. Accordingly, a slightly revised version of the review has been restored to its original publication site. ","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46373879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
World-systems analysts argue that households take on a structural role within the capitalist system to mediate pressures exerted by the state and economic actors. Underpinning this view is the supply of low-paid and waged labor by household members in the process of social reproduction and the role of households as sites of commodity consumption. Here, I argue that the analytical choice to use the features of low-waged households renders a partial analysis of their structural location within a multi-sited capitalist system. While acknowledging that households across the Global Commodity Chain (GCC) are neither spatially segregated (i.e., global North, global South) nor solely spaces of production or consumption, I suggest that households differ in their structural location within a multi-sited capitalist system, subject to their incidence on the instantiation of hierarchical capitalist relations. First, “core” households differ from their peripheral counterparts via their reliance on financial assetization and capital accumulation in the core for (intergenerational) social reproduction. Second, in the process of social reproduction, core household excess commodity consumption generates metabolic differentials that fuel hierarchical relations of production and place core households in a more central location within a multi-sited capitalist system compared to peripheral ones. Third, the analysis of hierarchical capitalist relations and GCCs focuses on capital accumulation and the extraction of (women’s) household unpaid labor in the periphery. I argue that to more fully capture the extraction of unpaid labor across the GCC, household fluidity and heterogeneity and associated variation in intra-household divisions of labor must be analytically considered.
{"title":"Analyzing Global Commodity Chains and Social Reproduction","authors":"Anouk Patel-Campillo","doi":"10.5195/jwsr.2023.1132","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1132","url":null,"abstract":"World-systems analysts argue that households take on a structural role within the capitalist system to mediate pressures exerted by the state and economic actors. Underpinning this view is the supply of low-paid and waged labor by household members in the process of social reproduction and the role of households as sites of commodity consumption. Here, I argue that the analytical choice to use the features of low-waged households renders a partial analysis of their structural location within a multi-sited capitalist system. While acknowledging that households across the Global Commodity Chain (GCC) are neither spatially segregated (i.e., global North, global South) nor solely spaces of production or consumption, I suggest that households differ in their structural location within a multi-sited capitalist system, subject to their incidence on the instantiation of hierarchical capitalist relations. First, “core” households differ from their peripheral counterparts via their reliance on financial assetization and capital accumulation in the core for (intergenerational) social reproduction. Second, in the process of social reproduction, core household excess commodity consumption generates metabolic differentials that fuel hierarchical relations of production and place core households in a more central location within a multi-sited capitalist system compared to peripheral ones. Third, the analysis of hierarchical capitalist relations and GCCs focuses on capital accumulation and the extraction of (women’s) household unpaid labor in the periphery. I argue that to more fully capture the extraction of unpaid labor across the GCC, household fluidity and heterogeneity and associated variation in intra-household divisions of labor must be analytically considered.","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41947035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article offers a new analysis of China’s politico-economic system from a world-systems perspective. My basic argument is that the novelty of China’s system is not, as McNally (2020) argues, its hybrid fusion of neoliberal market dynamics with strong centralized political control. China’s real historical significance comes from the combination of a centralized, state controlled financial governance structure that is highly insulated from the control of outside actors situated within China’s large extended geo-space. I argue that China’s intense state control of economic reality, and especially its “internalization” of financial institutions within its state architecture, can be seen as an adaptive strategy that makes sense from the perspective of the long term development of governance within the capitalist system. I then conclude with observations around the possible consequences for established core powers of China’s structural separation and power in the financial realm.
{"title":"Cycles and Transformation","authors":"Lewis Michael Birley","doi":"10.5195/jwsr.2023.1172","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1172","url":null,"abstract":"This article offers a new analysis of China’s politico-economic system from a world-systems perspective. My basic argument is that the novelty of China’s system is not, as McNally (2020) argues, its hybrid fusion of neoliberal market dynamics with strong centralized political control. China’s real historical significance comes from the combination of a centralized, state controlled financial governance structure that is highly insulated from the control of outside actors situated within China’s large extended geo-space. I argue that China’s intense state control of economic reality, and especially its “internalization” of financial institutions within its state architecture, can be seen as an adaptive strategy that makes sense from the perspective of the long term development of governance within the capitalist system. I then conclude with observations around the possible consequences for established core powers of China’s structural separation and power in the financial realm.","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45273240","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Following the military coup of April 25th, 1974, Portugal experienced a revolutionary period characterized by unprecedented levels of labor unrest and political radicalization. As the social landscape suffered a profound transformation, key-sectors of the economy were nationalized, many firms went into self-management, and large areas of the south were swept by land occupation. When the country’s democratic Constitution was brought to vote on April 2, 1976, it contained numerous references to “socialism,” “self-management,” “planning,” and “agrarian reform,” bearing witness to a widespread commitment to build a “classless society.” What eventually took shape, however, was a mixed economy under a parliamentary regime, very similar to that of countries like Greece and Spain, both of which experienced far less dramatic democratic transitions. Drawing on the writings of Immanuel Wallerstein, Giovanni Arrighi, and Boaventura de Sousa Santos, this article analyzes the plans and strategies devised to ensure a socialist transition in the semiperiphery of the capitalist world-system during the 1970s.
1974年4月25日军事政变后，葡萄牙经历了一个革命时期，其特点是前所未有的劳工骚乱和政治激进主义。随着社会格局发生深刻变化，经济的关键部门被国有化，许多公司进入自我管理，南部大片地区被土地占领。1976年4月2日，当该国的民主宪法付诸表决时，它包含了许多关于“社会主义”、“自我管理”、“规划”和“土地改革”的内容，见证了建立“无阶级社会”的广泛承诺。然而，最终形成的是议会制度下的混合经济，与希腊和西班牙等国的情况非常相似，这两个国家都经历了远没有那么剧烈的民主转型。本文借鉴了伊曼纽尔·沃勒斯坦（Immanuel Wallerstein）、乔瓦尼·阿里吉（Giovanni Arrighi）和博阿文德拉·德·索萨·桑托斯（Boaventura de Sousa Santos）的著作，分析了20世纪70年代为确保资本主义世界体系半边缘的社会主义转型而制定的计划和战略。
{"title":"Political Economy of the Carnation Revolution (1974–75)","authors":"Ricardo Noronha","doi":"10.5195/jwsr.2023.1207","DOIUrl":"https://doi.org/10.5195/jwsr.2023.1207","url":null,"abstract":"Following the military coup of April 25th, 1974, Portugal experienced a revolutionary period characterized by unprecedented levels of labor unrest and political radicalization. As the social landscape suffered a profound transformation, key-sectors of the economy were nationalized, many firms went into self-management, and large areas of the south were swept by land occupation. When the country’s democratic Constitution was brought to vote on April 2, 1976, it contained numerous references to “socialism,” “self-management,” “planning,” and “agrarian reform,” bearing witness to a widespread commitment to build a “classless society.” What eventually took shape, however, was a mixed economy under a parliamentary regime, very similar to that of countries like Greece and Spain, both of which experienced far less dramatic democratic transitions. Drawing on the writings of Immanuel Wallerstein, Giovanni Arrighi, and Boaventura de Sousa Santos, this article analyzes the plans and strategies devised to ensure a socialist transition in the semiperiphery of the capitalist world-system during the 1970s.","PeriodicalId":36882,"journal":{"name":"Journal of World-Systems Research","volume":" ","pages":""},"PeriodicalIF":1.1,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47340554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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