World-system theory complicates the pattern by a succession of hegemonies marked by major wars

Arrighi is a ‘world-systems’ theorist, one of the best known after Wallerstein, who is primarily responsible for developing this theory

Mann challenges world-systems theorists on the issue of decline: the recession of the 1970s, it turns out, was an opportunity for the US to delay the crisis for several decades, permitting it to profit extensively from its seigneurial position