This article focuses on the question about the relation between the subject of The Modern World-System by Immanuel Wallerstein and the theoretical object of world-system analysis as a multidisciplinary approach that he proposed for history and the social sciences. The importance of this approach as well as its theoretical deficiencies are shown by examining two unanswered critiques of the first volume of The Modern World-System - one coming from Robert Brenner, second form Fernand Braudel.
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