Great Economist-- Marxist Professor Immanuel Wallerstein

[Rakhmetov]

http://www.iwallerstein.com/the-origins-and-outcomes-of-the-global-economic-crisis/

http://www.iwallerstein.com/ponzi-solitaire/

http://www.iwallerstein.com/intellectual-itinerary/

http://www.youtube.com/watch?v=wBMnDLQr7-M

[S.Artesian]

I don't think Wallerstein considers himself to be a Marxist, does he?

[mosfeld]

Well, here's a passage from Wikipedia.


His most important work, The Modern World-System, appeared in three volumes in 1974, 1980 and 1989. In it, Wallerstein mainly draws on three intellectual influences:

Karl Marx, whom he follows in emphasizing underlying economic factors and their dominance over ideological factors in global politics, and whose economic thinking he has adopted with such ideas as the dichotomy between capital and labor, the view of world economic development through stages such as feudalism and capitalism, belief in the accumulation of capital, dialectics and more;

French historian Fernand Braudel, who had described the development and political implications of extensive networks of economic exchange in the European world between 1400 and 1800;

Dependency theory, most obviously its concepts of "core" and "periphery";

and — presumably — the practical experience and impressions gained from his own work regarding post-colonial Africa.

http://en.wikipedia.org/wiki/Immanuel_Wallerstein

[S.Artesian]

Yes, that's what it says, and no he does not consider himself to be a Marxist. Doesn't mean he's wrong, just means while he considers himself to be influence by Marx, he has deep disagreements with Marx's theory of value, and Marx's analysis of the origins of capitalism.

[Rakhmetov]

"I did not do this unaided. I acknowledge a continuing intellectual debt to Marx, Freud, Schumpeter, and Karl Polanyi. Among persons I have personally known and read very extensively, the three that have had the most impact in modifying my line of argument (as opposed to deepening a parallel line of argument) have been Frantz Fanon, Fernand Braudel, and Ilya Prigogine."

http://www.iwallerstein.com/intellectual-itinerary/ :D

[KC]

Yes, but that does not mean he is Marxist. There are quite a few issues with his theory, which stem from his very narrow and categorical interpretation of imperialism theory itself.

[S.Artesian]

Simple point. Wallerstein is not a Marxist. He does not consider himself to be a Marxist. He may be influenced by Marx, but who isn't? And certainly the influence of Schumpeter makes it clear that he's not a Marxist.

Now if we want to discuss his analysis of the current predicament of capital, fine.