Abstract
The world capitalist system has undergone tremendous changes in the past hundred years. One of the most important developments is the globalization of the capitalist world and the accompanying increasing inequality between the classes as well as between the nations. These developments can only be understood in the framework of the Marxist law of uneven and combined development. This approach was first used by Marx, Engels and Lenin and, in particularly, further developed by Trotsky. The law of uneven and combined development explains how different stages of development as well as different tempos of development in a given society interact with one another and thereby result in different forms or types of development.
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