Which historical factors played a role in the development and dominance of capitalism in western societies?

1. Which historical factors played a role in the development and dominance of capitalism in western societies?

2. How does Emmanuel Wallerstein categorize societies in World System’s Theory?

3. Will changes in the state of global economies post-COVID 19 prove Wallerstein’s theory to be correct with more global inequality or incorrect by reducing global inequality. (We are speculating…but so is everyone at this point.)

4.  How should policy makers view the expansion of food stamps in times of national economic hardship – whether an economic recession, a natural disaster or a pandemic? Some point to permanent increased welfare rolls. Others view it as nutritional assistance to offset family food shortages and hunger. ( See the Brookings article). Which is it? Please explain.