In this chapter, the narrative shifts to world system theories, highlighting the works of Frank, Amin, and Wallerstein, which offer insights into the structural framework of the capitalist world system. Their theoretical contributions to understanding the development of underdevelopment and the underdevelopment of development are expounded through their innovative world system theories. This chapter critically examines the limitations of dual or tripartite zones of the world system, the theory of delinking, and the theory of antisystemic movements. It emphasizes the hegemonic and globalizing role of corporate culture and the construction of counterdiscourse on the values of collectivism. A critical assessment of the limitations and critiques of world system theories enriches the discourse, offering a balanced perspective. Finally, this chapter concludes by summarizing key insights and paving the way for subsequent discussions on alternative theories in the realm of development.