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<p>system as a set of mechanisms, which redistributes surplus value from the <a href="page.php?w=periphery_countries">periphery</a> to the <a href="page.php?w=core_countries">core</a>. In his terminology, the core is the developed, <a href="page.php?w=industrialized">industrialized</a> part of the world, and the periphery is the "<a href="page.php?w=underdeveloped">underdeveloped</a>", typically raw materials-exporting, poor part of the world; the market being the means by which the core exploits the periphery.</p>

<p>Apart from them, Wallerstein</p><p>
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