However, an increasingly global marketplace made up of independent nations created an interdependen
relationship among nations that dissolved traditional historical perspectives. Instead, since the 16th century, all the necessary mechanism of capitalism were in place to create our present world allege?
unrivalled wherein economic development is directly related to the degree of desegregation of one nation versus another. Even third world analyses atomic number 18 limited in this perspective because the economic world system creates an interdependency among all nations, though the most economically aright still retain a kind of imperialistic control. As Wallerstein argued, "The world system is characterized by an international economic order and an international division of labour. It consists of a core, a semi-periphery, the location of which changes over time?The world system works in much(prenominal) a way as to make the centre sire the profits, thus exploiting the periphery" (Wesseling 80).
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