Interestingly, Kindleberger emphasized this framing of financialization as a symptom of decadence and decline, whereas Wallerstein argues it's a natural outgrowth of a country's productive and commercial dominance attracting global investment capital. Both consider decline inevitable, though.
Opinion | How the Capitalists Broke Capitalism
www.nytimes.com
February 6, 2026 at 11:22 AM
Interestingly, Kindleberger emphasized this framing of financialization as a symptom of decadence and decline, whereas Wallerstein argues it's a natural outgrowth of a country's productive and commercial dominance attracting global investment capital. Both consider decline inevitable, though.
Arrighi and wallerstein were like really japan pilled in the 80s and 90s. Noticing
February 4, 2026 at 3:51 PM
Arrighi and wallerstein were like really japan pilled in the 80s and 90s. Noticing
In his treatment of the rise of hegemonic powers, Wallerstein points to productive advantage, commercial advantage and financial advantage: cheaper/better manufacture boosts trade dominance which attracts investment.
And empirically the three advantages wane in the same order they wax.
And empirically the three advantages wane in the same order they wax.
February 3, 2026 at 5:03 PM
In his treatment of the rise of hegemonic powers, Wallerstein points to productive advantage, commercial advantage and financial advantage: cheaper/better manufacture boosts trade dominance which attracts investment.
And empirically the three advantages wane in the same order they wax.
And empirically the three advantages wane in the same order they wax.
*screams in Wallerstein*
Poverty is a serious issue that we care deeply about. But billionaires aren't responsible for it. The DRC has no billionaires, yet 75% of its population lives in extreme poverty.
We applaud billionaires like Bill Gates and Warren Buffet who have saved millions of lives with their charity.
We applaud billionaires like Bill Gates and Warren Buffet who have saved millions of lives with their charity.
February 1, 2026 at 3:42 PM
*screams in Wallerstein*
Think I have my epigraph:
"Decline can only be analyzed as rise, the rise of others within the framework of the efficiencies of profit."
-- Immanuel Wallerstein, The Modern World-System II
"Decline can only be analyzed as rise, the rise of others within the framework of the efficiencies of profit."
-- Immanuel Wallerstein, The Modern World-System II
February 2, 2026 at 12:07 AM
Think I have my epigraph:
"Decline can only be analyzed as rise, the rise of others within the framework of the efficiencies of profit."
-- Immanuel Wallerstein, The Modern World-System II
"Decline can only be analyzed as rise, the rise of others within the framework of the efficiencies of profit."
-- Immanuel Wallerstein, The Modern World-System II
Did you see JDPON Carney at the WEF today lol? Dude was sounding like Wallerstein
January 20, 2026 at 6:46 PM
Did you see JDPON Carney at the WEF today lol? Dude was sounding like Wallerstein
Wallerstein notes that more specialized labor requires a higher wage not just because it takes more training, but because it demands more care.
But the current economic model has become so extractivist that it snuffs out any sense of care on the part of workers.
But the current economic model has become so extractivist that it snuffs out any sense of care on the part of workers.
January 6, 2026 at 10:52 AM
Wallerstein notes that more specialized labor requires a higher wage not just because it takes more training, but because it demands more care.
But the current economic model has become so extractivist that it snuffs out any sense of care on the part of workers.
But the current economic model has become so extractivist that it snuffs out any sense of care on the part of workers.
I don't find this very convincing. I remember everyone saying in Iraq times, oh no, last gasp of a dying empire blah blah and it turns out not to be so at all. I do agree that overreliance on military force weakens US power in the long run, but if Wallerstein is right then the decline is SO SLOW
January 3, 2026 at 9:46 PM
I don't find this very convincing. I remember everyone saying in Iraq times, oh no, last gasp of a dying empire blah blah and it turns out not to be so at all. I do agree that overreliance on military force weakens US power in the long run, but if Wallerstein is right then the decline is SO SLOW
Vile abuse enabled by Elon Musk's Grok platform has been shared on X by Bella Wallerstein, in which users to post then Grok sexualises an AI image of her outside Auschwitz gates as a concentration camp victim.
She tweets "this place is beyond saving"
[Her post + one image]
x.com/BellaWallers...
She tweets "this place is beyond saving"
[Her post + one image]
x.com/BellaWallers...
x.com
January 3, 2026 at 11:13 AM
Vile abuse enabled by Elon Musk's Grok platform has been shared on X by Bella Wallerstein, in which users to post then Grok sexualises an AI image of her outside Auschwitz gates as a concentration camp victim.
She tweets "this place is beyond saving"
[Her post + one image]
x.com/BellaWallers...
She tweets "this place is beyond saving"
[Her post + one image]
x.com/BellaWallers...
I'm pretty heavily Wallerstein-pilled right now, but it makes me think there is a "great divergence" in reverse going on, with the core declining faster than the periphery as the "longue durée" global order crumbles.
Throw in France and you have a strong "revenge of the 16th century" vibe.
Throw in France and you have a strong "revenge of the 16th century" vibe.
From this vg piece on Starmer's popularity, a depressing example of Westminster insularity. There were 7 German chancellors (8 counting an acting one) in the 42 years before the iPhone & only three since. Ditto only 3 Spanish PMs since 2004. Look across the Channel lads.
www.ft.com/content/1995...
www.ft.com/content/1995...
December 31, 2025 at 11:19 AM
I'm pretty heavily Wallerstein-pilled right now, but it makes me think there is a "great divergence" in reverse going on, with the core declining faster than the periphery as the "longue durée" global order crumbles.
Throw in France and you have a strong "revenge of the 16th century" vibe.
Throw in France and you have a strong "revenge of the 16th century" vibe.
Only good post on this topic
December 30, 2025 at 11:51 PM
Only good post on this topic
Balibar and Wallerstein wrote about this in the 80s. The „New Racism“, they said, claims not that race itself is biological, but racism is.
a core annoyance of mine is when modern Republicans pretend racism is just a force of nature that comes alongside immigrants and not something they actively inflamed and endorsed, thereby pretending to be the “real anti-racists” or whatever
December 27, 2025 at 5:56 PM
Balibar and Wallerstein wrote about this in the 80s. The „New Racism“, they said, claims not that race itself is biological, but racism is.
Bibliography of texts that have directly informed this video, for all those dorks who like to read.
December 21, 2025 at 7:04 PM
Bibliography of texts that have directly informed this video, for all those dorks who like to read.
The good part of the research I'm doing for European takeoff in the 16th century is reading Wallerstein, Gellner, Walter Rodney and Eric Williams.
The bad part is that I realize I will have to read Guns, Germs and Steel, as well as Sapiens. And maybe even some Niall Ferguson.
Pray for me.
The bad part is that I realize I will have to read Guns, Germs and Steel, as well as Sapiens. And maybe even some Niall Ferguson.
Pray for me.
I'd argue it's more accurate to say there's always a tension between the political and economic logics in play in a world-system, and that for this reason they tend toward imperialism (organized by the political power of states) or globalization (organized by the economic rules of the market).
1/x
1/x
December 19, 2025 at 6:38 PM
The good part of the research I'm doing for European takeoff in the 16th century is reading Wallerstein, Gellner, Walter Rodney and Eric Williams.
The bad part is that I realize I will have to read Guns, Germs and Steel, as well as Sapiens. And maybe even some Niall Ferguson.
Pray for me.
The bad part is that I realize I will have to read Guns, Germs and Steel, as well as Sapiens. And maybe even some Niall Ferguson.
Pray for me.
I'd argue it's more accurate to say there's always a tension between the political and economic logics in play in a world-system, and that for this reason they tend toward imperialism (organized by the political power of states) or globalization (organized by the economic rules of the market).
1/x
1/x
December 19, 2025 at 1:46 PM
I'd argue it's more accurate to say there's always a tension between the political and economic logics in play in a world-system, and that for this reason they tend toward imperialism (organized by the political power of states) or globalization (organized by the economic rules of the market).
1/x
1/x
Det er fredag, alt er lov(e) 🔥
Bildet viser sverdkamp i von Bumans Fechtbuch eller Codex Wallerstein fra 1440-1460. I Forsvarsmuseets samling har vi flere reglementer for fektning, for eksempel "Hugge-instruks for kavaleriet".
📷: Augsburg Universitetsbibliotek, falt i det fri.
Bildet viser sverdkamp i von Bumans Fechtbuch eller Codex Wallerstein fra 1440-1460. I Forsvarsmuseets samling har vi flere reglementer for fektning, for eksempel "Hugge-instruks for kavaleriet".
📷: Augsburg Universitetsbibliotek, falt i det fri.
March 15, 2024 at 11:04 AM
Det er fredag, alt er lov(e) 🔥
Bildet viser sverdkamp i von Bumans Fechtbuch eller Codex Wallerstein fra 1440-1460. I Forsvarsmuseets samling har vi flere reglementer for fektning, for eksempel "Hugge-instruks for kavaleriet".
📷: Augsburg Universitetsbibliotek, falt i det fri.
Bildet viser sverdkamp i von Bumans Fechtbuch eller Codex Wallerstein fra 1440-1460. I Forsvarsmuseets samling har vi flere reglementer for fektning, for eksempel "Hugge-instruks for kavaleriet".
📷: Augsburg Universitetsbibliotek, falt i det fri.
Awesome to find @cybelecanterel.bsky.social here! Give her a follow and go subscribe. Has her thumb on the pulse of the weirdos ruling what's left of America.
I can faintly hear Immanuel Wallerstein spinning in his grave at being used by an avatar of "the spirit of Davos".
I can faintly hear Immanuel Wallerstein spinning in his grave at being used by an avatar of "the spirit of Davos".
Real is real. Try as he might, Thiel can’t hoard his way to immortality, nor disrupt a way out of ecological limits, nor build surveillance infrastructure massive enough to control all contradictions. Real was there all along— he’s just trying to avoid confronting it.
@cybelecanterel.bsky.social
@cybelecanterel.bsky.social
Fear and Loathing in San Francisco
Unpacking Peter Thiel’s very American eschatology
open.substack.com
October 19, 2025 at 10:59 PM
Awesome to find @cybelecanterel.bsky.social here! Give her a follow and go subscribe. Has her thumb on the pulse of the weirdos ruling what's left of America.
I can faintly hear Immanuel Wallerstein spinning in his grave at being used by an avatar of "the spirit of Davos".
I can faintly hear Immanuel Wallerstein spinning in his grave at being used by an avatar of "the spirit of Davos".
Vaine pâture (a form of common grazing rights, more or less) only abolished in France beginning in 1889, according to Wallerstein (Wallerstein, 2011)
August 25, 2025 at 6:10 PM
Vaine pâture (a form of common grazing rights, more or less) only abolished in France beginning in 1889, according to Wallerstein (Wallerstein, 2011)
Immanuel Wallerstein’ın Eserleri Kapitalizmin Derinleşen Krizlerini Anlamamıza Yardımcı Olabilir – Gregory P. Williams
Çeviri: Yener Çıracı Immanuel Wallerstein, geleneksel sosyal bilimin muktedirlerin çıkarlarını yansıttığına inanan yaratıcı bir düşünürdü. 1930’da, sonradan dünya ekonomisinin…
Çeviri: Yener Çıracı Immanuel Wallerstein, geleneksel sosyal bilimin muktedirlerin çıkarlarını yansıttığına inanan yaratıcı bir düşünürdü. 1930’da, sonradan dünya ekonomisinin…
Immanuel Wallerstein’ın Eserleri Kapitalizmin Derinleşen Krizlerini Anlamamıza Yardımcı Olabilir – Gregory P. Williams
Çeviri: Yener Çıracı Immanuel Wallerstein, geleneksel sosyal bilimin muktedirlerin çıkarlarını yansıttığına inanan yaratıcı bir düşünürdü. 1930’da, sonradan dünya ekonomisinin başkenti olarak tanımlayacağı New York’ta doğan Wallerstein, hayatını küresel kapitalizme ilişkin egemen sosyal-bilimsel ve kültürel görüşlere meydan okuyarak geçirdi. 2019’da öldüğünde Wallerstein, kapitalist sistemin yapısal bir kriz içinde olduğunu ve çöküşünün kesin olduğunu düşünüyordu. Yine de ona göre kapitalizmin sonu sosyalizmin yükselişi demek değildi. Wallerstein çağdaş mücadeleyi, son derece eşitsiz bir başka sistem için baskıcı gerici güçler ile bir tür eşitlikçilik için mücadele eden ilerici güçler arasındaki mücadele olarak gördü. Bu çatışan güçleri sırasıyla Davos’un ruhu ve Porto Alegre’nin ruhu olarak adlandırdı.
www.yenicag.com.cy
February 23, 2025 at 10:53 AM
Immanuel Wallerstein’ın Eserleri Kapitalizmin Derinleşen Krizlerini Anlamamıza Yardımcı Olabilir – Gregory P. Williams
Çeviri: Yener Çıracı Immanuel Wallerstein, geleneksel sosyal bilimin muktedirlerin çıkarlarını yansıttığına inanan yaratıcı bir düşünürdü. 1930’da, sonradan dünya ekonomisinin…
Çeviri: Yener Çıracı Immanuel Wallerstein, geleneksel sosyal bilimin muktedirlerin çıkarlarını yansıttığına inanan yaratıcı bir düşünürdü. 1930’da, sonradan dünya ekonomisinin…
Arrêté du 19 février 2024 approuvant des modifications apportées aux statuts de l’association reconnue d’utilité publique dite « Les Amis de l’œuvre Wallerstein »
Par arrêté du ministre de l'intérieur et des outre-mer en date du 19 février 2024, sont approuvées les modifications apportées aux…
Par arrêté du ministre de l'intérieur et des outre-mer en date du 19 février 2024, sont approuvées les modifications apportées aux…
Arrêté du 19 février 2024 approuvant des modifications apportées aux statuts de l’association reconnue d’utilité publique dite « Les Amis de l’œuvre Wallerstein »
Par arrêté du ministre de l'intérieur et des outre-mer en date du 19 février 2024, sont approuvées les modifications apportées aux statuts (1) de l'association dite « Les Amis de l'œuvre Wallerstein », dont le siège est à Arès (33) et qui a été reconnue d'utilité publique par décret du 7 novembre 2011. (1) Les statuts peuvent être consultés à la préfecture du siège de l'association.
kohenavocats.fr
December 23, 2024 at 8:28 AM
Arrêté du 19 février 2024 approuvant des modifications apportées aux statuts de l’association reconnue d’utilité publique dite « Les Amis de l’œuvre Wallerstein »
Par arrêté du ministre de l'intérieur et des outre-mer en date du 19 février 2024, sont approuvées les modifications apportées aux…
Par arrêté du ministre de l'intérieur et des outre-mer en date du 19 février 2024, sont approuvées les modifications apportées aux…
Es ist sehr bekömmlich.
February 21, 2025 at 8:36 PM
Es ist sehr bekömmlich.
can’t stop thinking of this Wallerstein speech + comments eprints.lse.ac.uk/42294/1/__Li...
eprints.lse.ac.uk
February 2, 2025 at 2:38 AM
can’t stop thinking of this Wallerstein speech + comments eprints.lse.ac.uk/42294/1/__Li...
i think it speaks to the potency of marx's writing that the best we've come up with yet are developments upon the principles he laid down (wallerstein, braudel etc)
December 13, 2024 at 5:04 AM
i think it speaks to the potency of marx's writing that the best we've come up with yet are developments upon the principles he laid down (wallerstein, braudel etc)
Cadê o Freud explica nessas horas em? Queria ler mais do querido SÓ Q SÓ ME RESTA O KENNEDY O WALLERSTEIN O KISSINGER O FURTADO
October 19, 2024 at 7:21 PM
Cadê o Freud explica nessas horas em? Queria ler mais do querido SÓ Q SÓ ME RESTA O KENNEDY O WALLERSTEIN O KISSINGER O FURTADO
While searching "Immanuel Wallerstein" on the Armenian language Internet, only 3 results popped up.
Unpopular opinion: Whatever one's intellectual weight and impact, if they never spoke about the Armenian Genocide, they don't have the slightest chance to get attention in Armenia.
Unpopular opinion: Whatever one's intellectual weight and impact, if they never spoke about the Armenian Genocide, they don't have the slightest chance to get attention in Armenia.
February 10, 2025 at 2:35 PM
While searching "Immanuel Wallerstein" on the Armenian language Internet, only 3 results popped up.
Unpopular opinion: Whatever one's intellectual weight and impact, if they never spoke about the Armenian Genocide, they don't have the slightest chance to get attention in Armenia.
Unpopular opinion: Whatever one's intellectual weight and impact, if they never spoke about the Armenian Genocide, they don't have the slightest chance to get attention in Armenia.