Indira Management Review

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Capitalism in the Periphery


Affiliations
1 Indira School of Business Studies, Tathawade, Pune, India
 

Since the disintegration of tlie Soviet Bloc in 1991, there has emerged a unipolar capitalist world economy with USA at the apex. However, core-periptiery thesis of Immanuel Wallerstien, the metropole - satellite thesis of Andre Gunder Frank, the immiserising growth thesis of Jagdish Bhagwati, the under-development paradigm of Samir Amin, as well as the imperialism position of Robert Rhodes are still valid today. What have changed are the rise of Islamic Fundamentalism as a global force and the emergence of the European Union as a powerful economic entity.
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  • Capitalism in the Periphery

Abstract Views: 162  |  PDF Views: 90

Authors

Sorab Sadri
Indira School of Business Studies, Tathawade, Pune, India

Abstract


Since the disintegration of tlie Soviet Bloc in 1991, there has emerged a unipolar capitalist world economy with USA at the apex. However, core-periptiery thesis of Immanuel Wallerstien, the metropole - satellite thesis of Andre Gunder Frank, the immiserising growth thesis of Jagdish Bhagwati, the under-development paradigm of Samir Amin, as well as the imperialism position of Robert Rhodes are still valid today. What have changed are the rise of Islamic Fundamentalism as a global force and the emergence of the European Union as a powerful economic entity.