Wallerstein defines the world-systems analysis in fact as a historical-social discipline developed after the World War II. But actually the capitalism theory elaborated by Marx and Engels was unquestionable a “world-systems” theory, which can be proven by many citations. They even studied the consequences of the surviving pre-capitalist relations. Nevertheless, the role of the world-systems analysis should be highlighted in understanding the present global capitalism as a unified system.

1968 mass movements played a determining role in the emergence of this new-leftist school of thought of the most significant scientific importance. These movements rejected both the bourgeois society and the state socialism. Nevertheless, the background for the world-systems analysis was set by the emergence of a new era of the capitalist world economy and theoretical problems as well. The Marxian and world-system analysis approach are different to the falling rate of profit, because the first bases it on the expropriation of surplus labour and the latter on oligopolistic price setting.

The world-systems analysis theory of Wallerstein can be regarded in fact as an alternative way of thinking to the capitalism theory of Marx or partly of Lenin. This article examines how this type of approach provides a real alternative in understanding the lows of motion and the development of capitalism.

Postmodernism as an epistemological project still reproduces a particular form of coloniality. A decolonial perspective requires a broader canon of thought that would require taking seriously the epistemic insights of critical thinkers from the global South. How can a "critical border thinking" that envisages a "transmodern world" moves us beyond Eurocentrism?