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World-systems theory was also significantly influenced by dependency theory, a neo-Marxist explanation of development processes. Other influences on the world-systems theory come from scholars such as Karl Polanyi , Nikolai Kondratiev [ 21 ] and Joseph Schumpeter .
Marxist and neo-Marxist international relations theories are paradigms which reject the realist/liberal view of state conflict or cooperation, instead focusing on the economic and material aspects. It purports to reveal how the economy trumps other concerns, which allows for the elevation of class as the focus of the study.
Marxism has developed over time into various branches and schools of thought, and as a result, there is no single, definitive "Marxist theory". [2] Marxism has had a profound effect in shaping the modern world, with various left-wing and far-left political movements taking inspiration from it in varying local contexts. [3] [4] [5]
Such International relations schools as the world-systems theory and dependency theory have been both influenced by Imperialism, the Highest Stage of Capitalism and Trotsky's writings on the subject. The 2015 book How the West Came to Rule: The Geopolitical Origins of Capitalism attempts to use the theory as part of a non-Eurocentric account of ...
Orthodox Marxism is the body of Marxism thought that emerged after the death of Marx and which became the official philosophy of the socialist movement as represented in the Second International until World War I in 1914. Orthodox Marxism aims to simplify, codify and systematize Marxist method and theory by clarifying the perceived ambiguities ...
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 has been heavily criticized from a number of angles. A common positivist critique was that world-systems theory tended towards generalization and was not falsifiable. Marxists claim that it gives insufficient weight to social class.
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.