Special Issue Introduction: Coloniality of Power and Hegemonic Shifts in the World-System

During its 500-year history, the modern world-system has seen several shifts in hegemony. Since the decline of the United States in the 1970s, however, no single core power has attained a hegemonic position, such that the 21st century world - system, while not dominated by one hegemon, has continued...

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Bibliographic Details
Published in:Journal of world-systems research 2016-08, Vol.22 (2), p.309-314
Main Authors: Komlosy, Andrea, Boatca, Manuela, Nolte, Hans-Heinrich
Format: Article
Language:English
Subjects:
21st century
Alliances
Armed forces
Colonialism
Economic growth
Egalitarianism
Enterprises
Hegemony
Inequality
Military service
Participation
Polarization
Power
Wallerstein, Immanuel
World system theory
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Summary:During its 500-year history, the modern world-system has seen several shifts in hegemony. Since the decline of the United States in the 1970s, however, no single core power has attained a hegemonic position, such that the 21st century world - system, while not dominated by one hegemon, has continued to move toward increasing polarization. In spite of obvious signs of decline, the U.S.-led Western alliance is defending its core position vis-à-vis ambitions of the semi-peripheral Global South for more participation: they rely on military supremacy, one (US$) or two (US$ and Euro) leading currencies, control of strategic companies and commodity chains as well as the (soft) and attractive power of the American/Western way of life.
ISSN:1076-156X
1076-156X
DOI:10.5195/jwsr.2016.670