This thesis researches if Wallerstein's world-systems theory is still able to explain today's global order, or if it is outdated. In other words, does the world-systems theory still apply to today...Show moreThis thesis researches if Wallerstein's world-systems theory is still able to explain today's global order, or if it is outdated. In other words, does the world-systems theory still apply to today's world, or does it need restructuring? Do we even need an entirely new framework to explain global order? In order to answer this question and in order to test the theory, the thesis is based on the specific case study of U.S. - Brazil trade relations between 2001 and 2014.Show less
