Marxism

World-systems theory

The world economy is divided into 3 parts

Core: more advanced societies that exploit the periphery countries

Periphery: the underdeveloped countries, produces fragile states

Semi-periphery: the in between

Dependency theory

Periphery states are dependent on core states for access to trade, technological advancements and even economic relations; jobs, wages

Hegemony - gramsci

Domination is secured through cooperation. Often manipulate lower class to believe in exploitative ideologies

Historic blocs

social, political, and economic forces united by a shared ideology to maintain a particular societal order. Views economic base + superstructure as a whole to form dominance 

Dominant ideology

the ruling classes worldview is imposed as common sense on working class. Continues hegemony and historic blocs

Transnational ruling class

globally interconnected owners and controllers of capital, transnational corporations and financial institutions