Essay on Globalization And The World System Theory

1878 Words Nov 18th, 2014 null Page
To begin with it is perhaps important to define the term globalisation. It is described by Osterhammel and Petersson as “the development, concentration, and increasing importance of worldwide integration,” (Osterhammel & Petersson, 2003, p. 26). This definition describes how the world has come together as one and has created interconnectedness between countries. Globalisation is a widely debated topic, with historians contesting as to whether or not we can speak of globalisation before 1500. With reference to the diverse arguments presented by various historians, the following study will discuss examples of globalisation before 1500 and come to a conclusion as to whether these examples were in fact true representations of globalisation at this time.
In order to look at globalisation it is important to look at the World System theory. This theory “suggests that wealthy countries benefit from other countries and exploit those countries ' citizens.” (Boundless, 2014). According to Boundless, World System theory helps us to look at globalisation as a way in which countries are connected through economic and social gains. This theory also shows us how countries rely on each other for trade in order to become wealthy. These capitalist trade links are an example of how globalisation, in the form of trade, has occurred from before 1500. However, it could be argued that the “world system” is not necessarily global as countries can be interconnected without being connected to the…

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