Global Formation: Structures of the World-Economy
Average customer rating: 2.5 out of 5 stars
  • Still pseudo-intellectual junk after ten years
  • Any idiot can reverse-engineer history
  • A masterpiece
  • An Exceptional Overview of the World-Systems Perspective.
  • Economic geopolitical theory for left-wing ideologues
Global Formation: Structures of the World-Economy
Christopher Chase-Dunn
Manufacturer: Blackwell Pub
ProductGroup: Book
Binding: Paperback

Economic HistoryEconomic History | Economics | Business & Investing | Subjects | Books
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ASIN: 1557862737

Book Description

The fall of communism, the emergence of the information age, and the expansion of economic globalism are the points of departure for this new edition of Chase-Dunn's landmark book. The author shows how these seemingly new developments fit with earlier patterns of global formation and change, extending the influential model that drew wide attention to this award-winning book. The new edition also evaluates recent major studies of the modern world-system and assesses the implications for the future of the contemporary system.

Customer Reviews:

1 out of 5 stars Still pseudo-intellectual junk after ten years.......2002-10-06

Since the collapse of Soviet communism it's much easier to laugh at the dogmatic, unsubstantiated, absurd theories like the one presented here by Mr. Chase-Dunn. It seems hard to believe now that people actually believed in this intellectual detritus, actually studied it, pondered it, discussed it around cocktails. It's been exposed now, in the real world, as worthless left-wing flotsam, but just to refresh the potential reader's memory, let me point out a few of the most ridiculous, obvious, shout-in-your-face errors of Mr. Chase-Dunn's theory of the "capitalist world-economy":

(1) the interstate system is not a result of capitalism. If anything, it's the other way around. National sentiment and territorial integrity, hallmarks of the interstate system, provided the necessary stability for long-term capital formation and its resulting technological progression. These two factors are essential elements of capitalism.

(2) Mercantilism is not capitalism. Mercantilism as an economic theory posits an effective use of territorial resources (e.g., exporting); capitalism posits an effective use of capital (i.e., investment of capital in ever more efficient means of production).

(3) Warfare is not the result of the capitalist world economy, as Mr. Chase-Dunn claims on page 108. Rather, warfare is a fundamental part of human nature, and existed long before "capitalism" was even a word, let alone a viable economic order.

(4) Mr. Chase-Dunn cannot claim that there are multiple "semi-peripheries" and still maintain a coherent theory that examines the relationship between the "core" and the "periphery."

(5) The scramble for new periphery states is not the only cause of WW I; rather, WW I was caused by the confluences of a variety of unique circumstances, only some of which were economic and none of which were attributable to capital per se. WW I was caused by such things as: German nationalism and the unique structure of the German state (e.g., becoming a state after the other Great Powers and thereby missing the opportunity for colonial acquisitions); social Darwinism; nationalism; and advances in military technology.

(6) Mr. Chase-Dunn conveniently forgets to explain how supposedly peripheral states like Japan could, and did, progress to the level of core states, because to do so would contradict his doctrine of a permanent core-periphery dichotomy. This doctrine is really nothing more than a rehash of the "dependency" theory, a faddish doctrine popularized in the early 1970s by Fernando Cardoso (who has subsequently repudiated it and is now president of free-market Brazil).

(7) Mr. Chase-Dunn's economic analysis (to use the word loosely) that attempts to tie together four centuries of warfare is the dumbest exercise in pseudo-intellectual reasoning I've ever had the displeasure of being forced to read. Idiographic factors are just too common in warfare, and the known factors just too large and amorphous, to be able to draw *any* sound economic conclusions from their occurrence, except the obvious one that a lot of money and lives were wasted.

So Mr. Chase-Dunn should ensconce himself in some fashionable liberal East-Coast University (actually, he's already done that) and, together with his other fellow Neo-Marxist pointy-head friends, collectively mourn the fact that reality did them the discourtesy of totally, finally, completely, and crushingly destroying their economic theories.

1 out of 5 stars Any idiot can reverse-engineer history.......2002-10-06

And Chase-Dunn proves it. The anonymous August 11, 2002 reviewer critiques my old review but doesn't bother with specifics. Typical.

Back to Chase-Dunn. Any idiot can say that something is the cause of something else just because it either (i) precedes it in time or (ii) has similar elements. Neither is conclusive of cause and effect. Although Chase-Dunn's "world systems" theory is more riddled with contradictions than a Valentine's Day Massacre corpse is with bullets, the mmost egregious of his errors is to tie four centuries of warfare to capitalism.

The world "capitalism" wasn't even *created* until the late 18th century. Capitalists like world stability in order to invest money. Why do you think every country in Latin America has a "country risk" premium, for crissakes? Capitalism and capitalists *hate* uncertainty because they have to make ROI (that "return on investment" for you communists out there) decisions and the uncertainty war creates makes for unprofitable investment decisions. Now, communists like Chase-Dunn on the other hand, they love war, because like radical Islam, it's a violent, universal ideology.

5 out of 5 stars A masterpiece.......2002-08-11

This book is by far the most comprehensive discussion of the structure of the world-economy from the world-systems perspective. Chase-Dunn builds his theory and analyses on the earlier works of Wallerstein, Arrighi and others but takes a critically important step by emphasizing the interactions of economic, political, and military power and how they impact the structure of the world-economy and reproduce certain structural constants of the modern world-system. With all due respect to the previous reviewer affiliated with a law school--this is directly a message for you--your are wrong and your historical analysis is completely faulted. Furthermore, your critiques illustrate either your lack of understanding the text or your ignorance of history.

5 out of 5 stars An Exceptional Overview of the World-Systems Perspective........2002-02-26

Christopher Chase-Dunn has performed a monumental service to academics and students alike by providing this overview of contemporary world-systems thinking. Global Formation provides a thorough discussion of current research, theory and application of the world-systems perspective. With this book, Chase-Dunn has done much to extend the importance of the social aspects of the global political-economy. The book should have a wide readership owing to the great utility the perspective has for integrating disciplines in the social sciences.

1 out of 5 stars Economic geopolitical theory for left-wing ideologues.......1998-03-17

Since the collapse of Soviet communism it's much easier to laugh at the dogmatic, unsubstantiated, absurd theories like the one presented here by Mr. Chase-Dunn. It seems hard to believe now that people actually believed in this intellectual detritus, actually studied it, pondered it, discussed it around cocktails. It's been exposed now, in the real world, as worthless left-wing flotsam, but just to refresh the potential reader's memory, let me point out a few of the most ridiculous, obvious, shout-in-your-face errors of Mr. Chase-Dunn's theory of the "capitalist world-economy": (1) the interstate system is not a result of capitalism. If anything, it's the other way around. National sentiment and territorial integrity, hallmarks of the interstate system, provided the necessary stability for long-term capital formation and its resulting technological progression. These two facctors are essential elements of capitalism. (2) Mercantilism is not capitalism. Mercantilism as an economic theory posits an effective use of territorial resources (e.g., exporting); capitalism posits an effective use of capital (i.e., investment of capital in ever more efficient means of production). (3) Warfare is not the result of the capitalist world economy, as Mr. Chase-Dunn claims on page 108. Rather, warfare is a fundamental part of human nature, and existed long before "capitalism" was even a word, let alone a viable economic order. (4) Mr. Chase-Dunn cannot claim that there are multiple "semi-peripheries" and still maintain a coherent theory that examines the relationship between the "core" and the "periphery." (5) The scramble for new periphry states is not the only cause of WW I; rather, WW I was caused by the confluences of a variety of unique circumstances, only some of which were economic and none of which were attributable to capital per se. WW I was caused by such things as: German nationalism and the unique structure of the German state (e.g., becoming a state after the other Great Powers and thereby missing the opportunity for colonial acquisitions); social Darwinism; nationalism; and advances in military technology. (6) Mr. Chase-Dunn conveniently forgets to explain how supposedly peripheral states like Japan could, and did, progress to the level of core states, because to do so would contradict his doctrine of a permanent core-periphery dichotomy. This doctrine is really nothing more than a rehash of the "dependency" theory, a faddish doctrine popularized in the early 1970s by Fernando Cardoso (who has subsequently repudiated it and is now president of free-market Brazil). (7) Mr. Chase-Dunn's economic analysis (to use the word loosely) that attempts to tie together four centuries of warfare is the dumbest exercise in pseudo-intellectual reasoning I've ever had the displeasure of being forced to read. Ideographic factors are just too common in warfare, and the known factors just too large and amorphous, to be able to draw *any* sound economic conclusions, or all things, from their occurrence. So Mr. Chase-Dunn should ensonce himself in some fashionable liberal East-Coast University (actually, he's already done that) and, together with his other fellow Neo-Marxist pointy-head friends, collectively mourn the fact that reality did them the discourtesy of totally, finally, completely, and crushingly destroying their economic theories.
Global Formation: Structures of the World-Economy.
Average customer rating: Not rated
    Global Formation: Structures of the World-Economy.
    Christopher Chase-Dunn
    Manufacturer: Publisher Unknown
    ProductGroup: Book
    Binding: Paperback
    ASIN: B000UY8008

    The Law of Healthcare Administration
    Average customer rating: 4.5 out of 5 stars
    • Book Review
    • A definite upgrade from the old version
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