• around 16th beginning pf modern system, once relations on production get reshaped they have influence on world system
• wITH talks bout politicly theory since then
2nd assump. our modern current world system also has a beginning a middle and an end and has emerged in 26th cent, and acc wit entered its final stage with cold war rather than talking bout CW anew vigorous boundless, borderless capitalism, therefor liberal
order epitomise world system, w. considers withe and of
CW, changes in mode of prod, ad rel of prd, we have come to demise of modern world system acc to W these final stages give opportunities to those living in these epochs he believes there is a chance to shape beginning of new world system, with new mode of production, new consumption pattern fro W. we are in the
latest stage of world system, he was working for more equality, equity, less exploitation, more equality
WALLERTEIN thinks 1 citystes, trying to make empires, then capitalists the one
in empires more feudal based, city sates based on trade, capitalism , then nation state human agency is the agency that never changes , but political structures change debt crisis and NIEO, what to these countries want IN THE UN ? special concessions ,
new trade term, bc they think their underdeveloped ic bc of core GA can’t change terms of trade , its not strong enough IMF WORLD Bank,
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