An individual or a group of individuals might of course decide at any time that they would like to invest capital with the objective of acquiring still more capital. But, before a certain moment in historical time, it had never been easy for such individuals to do this successfully.
Immanuel WallersteinWe must distinguish between the kind of structural transformation that would leave in place (even increase) the realities of the exploitation of labor, and one that would undo this kind of exploitation or at least radically reduce it
Immanuel WallersteinThe employment rates are in very bad shape. We vastly underestimate the unemployment
Immanuel WallersteinThe primary ideology that operated to create, socialize, and reproduce them was not the ideology of racism. It was that of universalism.
Immanuel WallersteinIf we return to the two faces of individualism - individualism as the spur of energy, initiative, and imagination; and individualism as the limitless struggle of all against all - it can be seen how the two practices emerge from and limit the extend of the disequilibrating impact of the contradiction involved in the geocultural agenda.
Immanuel Wallerstein