This is the third volume of Immanuel Wallerstein's essays to appear in Studies in Modern Capitalism, following the immensely successful collections The Politics of the World Economy and The Capitalist World Economy. Written between 1982 and 1989, the essays in this volume offer Wallerstein's perspective on the events of the period, and the background to his interpretation of the momentous events of 1989. Wallerstein argues that the collapse of the...