The Controversy with Immanuel Wallerstein: the Industrial Revolution and Globalization as the Great Turning Points of Modern Times
Submitted by Гость (not verified) on Wed, 09/04/2024 - 23:54Wallerstein states that the only social revolution, or the «great turning point» of Modern Times, is the formation of the European capitalist world–economy during the «long» XVI century. Contrary to this, the author argues that two more great fractures can be distinguished in the history of Modern Times. The first of them was the industrial revolution of the XIX century, when three processes coincided, provoked by the invention of the steam engine – the mechanization of factory production, the energy revolution and the change of logistics.