The Modern World-System III: The Second Era of Great Expansion of the Capitalist World-Economy, 1730s-1840s
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The Modern World-System III: The Second Era of Great Expansion of the Capitalist World-Economy, 1730s-1840s

by Immanuel Wallerstein

History Economics
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In this third installment of The Modern World-System series, Immanuel Wallerstein examines the second era of great expansion of the capitalist world-economy from the 1730s to the 1840s. The book explores the structural dynamics, global interconnections, and transformative forces that propelled economic growth and change during this pivotal period, offering a detailed analysis of capitalism's evolution.

About This Book

The Modern World-System III delves into the historical development of the capitalist world-economy during the 1730s to 1840s, marking the second era of great expansion. Immanuel Wallerstein analyzes the structural changes and global interconnections that defined this period.

This volume builds on the framework established in previous works, focusing on the economic, social, and political forces driving expansion. It highlights the interplay between core, semi-peripheral, and peripheral regions within the world-system.

Wallerstein's approach provides a comprehensive view of how capitalism evolved through cycles of growth and transformation. The book offers insights into the mechanisms that sustained and altered the global economy over these decades.

Readers gain an understanding of the long-term patterns shaping modern economic relations. The analysis underscores the importance of viewing history through a world-systems lens rather than isolated national narratives.

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