Abstract
This study questions why World War III (WWIII) has not happened in more than 75 years since World War II (WWII). World War I (WWI) and WWII were among the most significant events of the 20th century in political and military terms. However, the process that ended with WWI and WWII had started at least in the 19th century. The imbalance in the international area, uneven armament, lack of the global economic market, and non-existence of international organizations triggered WWI and WWII. In this regard, this study analyzes the lack of WWIII through two main theories of International Relations (IR). The economic interdependence and the emergence of the global market from the liberal perspective as well as the international law and organizations and increasing armament and balance of terror through realism have been used to understand why there is no WWIII yet.
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