The historic long-term economic interconnections of the world are now universally accepted. The idea of the 'world system' advanced by Immanuel Wallerstein has set the period of linkage in the early modern period. But some academics think this date is much too late and denies a much longer interconnection going back as much as five thousand years.
Reframing the chronology of the world system exercises powerful influences on the writing of history. It integrates the areas of Asia and the East which were marginalized by Wallerstein into the heart of the debate and provides a much more...

The four essays in this book offer a sweeping reinterpretation of Latin American history as an aspect of the world-wide spread of capitalism in its commercial and industrial phases. Dr. Frank lays to rest the myth of Latin American feudalism, demonstrating in the process the impossibility of a bourgeois revolution in a part of the world which is already part and parcel of the capitalist system.