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"Capitalism is first and foremost a historical social system."

— Immanuel Wallerstein
immanuel wallerstein Quotes Social Systems,Capitalism

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Immanuel Wallerstein
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A second variety concentrated on presumed major transformations of the capitalist system as of some recent point in time, in which the whole earlier point of time served as a mythologized foil against which to treat the empirical reality of the present.

— Immanuel Wallerstein

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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 Wallerstein

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