Lecture 7: wallerstein, the modern world system pp. 297-303 and the modern world system in crisis pp. 448-450: simple, large worldwide system, prisconi which is beyond us, systems of exchange relations, core: controls terms of trade. Strong state with machinery, culture, merchant classes and capital accumulation. Source of raw materials, cheap labour, weak state, lacking state capacity and organization, underdeveloped technology and withdrawal of resources (i. e. money goes out). Constantly refreshed by new immgrants: semi peripheral: functional (has a job) of stopping revolution. Gives a place to rise so takes some of the pressure off. Right now there is the biggest gap between the core and peripheral (the rich getting richer and the poor getting poorer. Inequality which we didn"t see coming): state structure, who are the dominant people, we hear stories, gives us hope for a better future. Use the theorist to make the case: c saire, between colonizer and colonized pp.