World-Systems Theory and the Systemic Crisis of Capitalism: In Context of the International Financial Crisis - Softcover

?We can assert with confidence that the present system cannot survive.? The system that Prof. Immanuel Wallerstein is referring to is the modern world-system. In his multi-volume analysis ?The Modern World-System? and innumerable complementary articles and books Wallerstein discusses the origin, trajectory and imminent downfall of capitalism from a truly global perspective. Almost marginalized by critics, academic interest in world-systems theory, especially in the assertion of capitalism?s impending end, rekindled after the international financial crisis wreaked havoc in the world economy, shattering the foundations of neo-liberalism. The author, Lucas M. Ullrich, first gives an introduction to the world-systems theory of Prof. Immanuel Wallerstein (also known as world-systems analysis) and its constituting elements. Subsequently, he summarizes the arguments of the great body of critical literature, which ?The Modern World-System? has sparked since its publication in 1974. The book concludes with a detailed discussion of the alleged crisis of capitalism and the transition to a new system.

Lucas M. Ullrich (M.A.), born 1985 in Berlin, holds a bachelor?s degree in International Business and a master?s degree in International Economics. He is author of "The Corporate Manslaughter and Corporate Homicide Act 2007: In Comparison with German Law".