ABSTRACT

Many have referred to globalisation as a world with a 'total system'. The system consists of many elements - physical and biological - that cannot be isolated from the political, economical, social and cultural aspects, that in turn, are directly and indirectly correlated to the processes of communication and evolution over the years. In many ways, the world system in the late twentieth century resembled the world economy as a world system that has been in existence for a very long time. It originated from Euro-centred mercantile adventurers of the sixteenth and seventeenth century. Through the early years of exploration and exploitation of mercantile, it led to the agrarian and industrial revolutions in Western Europe that paved the way for imperialist expansion to many underdeveloped countries. In other words, this phenomenon led to the beginning of so-called 'modern capitalism' (Wallerstein, 1974).