The two most important theories included in this term are recognized as Marxist theories along with world system theory. “Karl Marx noted the enormous disparity in economic well-being between different nations of the globe, but he thought that capitalism would spread throughout the world, reducing economic differences between countries over time” (Kleniewski, 158). What he is trying to say is that capitalism should have been able to develop a stable economic system across countries that have a less developed economy. Lenin on the other hand, “argued that imperialism, the development of political empires based on military conquest, was a natural stage of capitalist development” (Kleniewski, 158). Lenin thinks that by using military power and having an increasing number of corporations, it is possible to develop a stable economy