Search results
1 – 2 of 2One of the striking features of our historical era is the degree of global inequality. In some nations the average person lives on less than $200 per year. In other nations the…
Abstract
One of the striking features of our historical era is the degree of global inequality. In some nations the average person lives on less than $200 per year. In other nations the average income is 100 times larger. Though adjusting for purchasing power parity narrows the gap by about 40 percent (Ram 1979), it is quite evident that the world's $23 trillion annual output is unequally distributed in the extreme.
Global cycles of leadership and hegemony have repeated since 1492, leaving to history Dutch, British, and now declining US hegemonies. Theoretical models (Chase‐Dunn and Rubinson…
Abstract
Global cycles of leadership and hegemony have repeated since 1492, leaving to history Dutch, British, and now declining US hegemonies. Theoretical models (Chase‐Dunn and Rubinson 1977; Hopkins and Wallerstein 1979; Arrighi 1994), historical narratives (Wallerstein 1974, 1980, 1989; Kennedy 1989), and statistical analyses (Modelski and Thompson 1988; Boswell and Sweat 1991) portray the cycle of hegemony as a fixed dynamic inherent to the world‐system. Can we expect the future to be any different?