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World-systems theory (also known as world-systems analysis or the world-systems perspective) [3] is a multidisciplinary approach to world history and social change which emphasizes the world-system (and not nation states) as the primary (but not exclusive) unit of social analysis. [3]
Systems theory is the transdisciplinary [1] study of systems, i.e. cohesive groups of interrelated, interdependent components that can be natural or artificial.Every system has causal boundaries, is influenced by its context, defined by its structure, function and role, and expressed through its relations with other systems.
Maoism–Third Worldism (MTW) is a broad tendency which is mainly concerned with the infusion and synthesis of Marxism—particularly of the Marxist–Leninist–Maoist persuasion—with concepts of non-Marxist Third Worldism, namely dependency theory and world-systems theory. There is no general consensus on part of Maoist–Third Worldists as ...
World systems theory follows the logic that international wars or multinational financial disputes can be explained as attempts to change a location within the global market for a specific state or groups of states; these changes can have the objective to gain more control over the global market (to become a core country), while causing another ...
Deng Xiaoping Theory is a product of the integration of the basic theory of Marxism-Leninism with the practice of modern China and the characteristics of the present era, the inheritance and development of Mao Zedong Thought under new historical conditions, a new stage of the development of Marxism in China, Marxism of modern China, and the ...
In the 1980s, it became evident to Chinese economists that the Marxist theory of the law of value—understood as the expression of the labor theory of value—could not serve as the basis of China's pricing system. [18] They concluded that Marx never intended his theory of law of value to work "as an expression of 'concretized labor time ' ". [18]
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A world-system is a socioeconomic system, under systems theory, that encompasses part or all of the globe, detailing the aggregate structural result of the sum of the interactions between polities. World-systems are usually larger than single states , but do not have to be global.