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Re: pie and getting the DOL straight (fwd)

by elson

02 June 1999 16:55 UTC


I don't understand why you continue to use the term "internal dynamics" (of
any part of the system) after just recognizing that all change is
"endogenous."  This means, to repeat repeatedly, that change in any part is
a consequence of change throughout the whole, including that part.  And
again, the basis for this argument is the empirical historical
interrelations of the part through the division of labor and the interstate
structure that the DOL spans.  This is the reason that your argument is a
non-starter.  An argument similar to yours was made by Stern but with
reference to the periphery, which Wallerstein demolished in an interesting
debate.

> Turning to the questions that have emerged over the last 48 hours or so:
I
> think it is true to say that looked at from the point of view of the
> world-system, there is no "exogenous growth" since by definition all
growth
> within the world-system is determined by the internal dynamics of the
> system itself.
> The question I was attempting to raise is whether or not the core states
> themselves can grow on the basis of their internal dynamics.  World-system
> theory clearly says no.  The argument I tried to make, on the basis of my
> criticism of the notion of the declining rate of profit, was that there is
> no adequate theory of why this must be the case.



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