Sam, 
Some of the questions you raised I touched on last month in the WS 
list. So here is another rewrite of an earlier post (sorry for this 
but my time to prepate the paper on Re-Orient is running out). 
Serious macro theorists know that structures can only be produced and 
reproduced through the intentional action of groups or individuals. 
But world-system theory has a rather poor grasp of  
micro-rational action. Gunder Frank's *Re-Orient* does recognize 
rational actors who can calculate their position within 
the world market, who can calculate, for example, that in a high-wage 
region it may be rational to reduce costs by introducing 
labor-saving technology. A crucial claim of Re-Orient is precisely 
that Asians were just as rational as Europeans in their calculation of 
economic interests. But in the end Re-Orient adopts that old  
structuralist approach which sees actors as pushed or compelled to 
act in accordance with the autonomous logic of the world system: "In 
a global economy, however, even such local and or sectoral 
microeconomic incentives anywhere were related to and indeed derived 
from competitive participation in the macroeconomic world economic 
structure" (297).   

Having said that, Frank reduces rational action per se to microeconomic 
actions, actions which he confuses with Weber's concept of  rationality.  
I should mention S.K.Sanderson's *Social Transformations* as  perhaps the 
most serious attempt, by someone who follows world-sytem theory, to 
resolve this problem of  rational agency and macro-structures. But 
Sanderson's solution suffers from two major flaws: 1) it misses, even 
though it knows, Giddens's basic point that structures, if define as 
rules and resources, can be seen as both constraining and  *enabling*. 
So, in the end Sanderson cannot overcome  the dualism of the micro 
and macro: "Social evolution is driven by purposive or intended 
human actions, but is to a large extent not itself a purposive or 
intended phenomenon." (13) 



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