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During its 500-year history, the modern world-system has seen
several shifts in hegemony. Yet, since the decline of the U.S. in
the 1970s, no single core power has attained a hegemonic position
in an increasingly polarized world. As income inequalities have
become more pronounced in core countries, especially in the U.S.
and the U.K., global inequalities emerged as a "new" topic of
social scientific scholarship, ignoring the constant move toward
polarization that has been characteristic of the entire modern
world-system. At the same time, the rise of new states (most
notably, the BRICS) and the relative economic growth of particular
regions (especially East Asia) have prompted speculations about the
next hegemon that largely disregard both the longue duree of
hegemonic shifts and the constraints that regional differentiations
place on the concentration of capital and geopolitical power in one
location. Authors in this book place the issue of rising
inequalities at the center of their analyses. They explore the
concept and reality of semiperipheries in the 21st century
world-system, the role of the state and of transnational migration
in current patterns of global stratification, types of catching-up
development and new spatial configurations of inequality in
Europe's Eastern periphery as well as the prospects for the Global
Left in the new systemic order. The book links novel theoretical
debates on the rise of global inequalities to methodologically
innovative approaches to the urgent task of addressing them.
During its 500-year history, the modern world-system has seen
several shifts in hegemony. Yet, since the decline of the U.S. in
the 1970s, no single core power has attained a hegemonic position
in an increasingly polarized world. As income inequalities have
become more pronounced in core countries, especially in the U.S.
and the U.K., global inequalities emerged as a "new" topic of
social scientific scholarship, ignoring the constant move toward
polarization that has been characteristic of the entire modern
world-system. At the same time, the rise of new states (most
notably, the BRICS) and the relative economic growth of particular
regions (especially East Asia) have prompted speculations about the
next hegemon that largely disregard both the longue duree of
hegemonic shifts and the constraints that regional differentiations
place on the concentration of capital and geopolitical power in one
location. Authors in this book place the issue of rising
inequalities at the center of their analyses. They explore the
concept and reality of semiperipheries in the 21st century
world-system, the role of the state and of transnational migration
in current patterns of global stratification, types of catching-up
development and new spatial configurations of inequality in
Europe's Eastern periphery as well as the prospects for the Global
Left in the new systemic order. The book links novel theoretical
debates on the rise of global inequalities to methodologically
innovative approaches to the urgent task of addressing them.
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