Chase-Dunn and Lawrence respond to a critique of world-systems analysis (WSA) made in 2005. In reply I suggest that WSA does in fact excessively privilege exogenous over endogenous factors; exaggerates the extent to which a core-periphery hierarchy is based on exploitation; fails to give due consideration to recent efforts showing that foreign investment promotes development in non-core societies; and is unduly optimistic about the possibilities of a future world socialist society.
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