What was Immanuel Wallerstein's main approach?

The first approach of Wallenstein was to explain the different perspectives and dynamics of the capitalist economy.

Explanation:

The approach was the first and it was regarded as seminal paper for the rise of world capitalism. The landmark of social and historical taught led to many reactions that led to intelligent buildings and other inspirations. The approach, therefore, led to significant impacts and other warm-up receptions across the developing world and other close areas that were intellectually positioned in the same way as historical economies.