In the wake of WWI, there arose discontent with 19th century approaches to imperialism and a growing sense that the collapse of the great empires was inevitable. Leonard Woolf, a British political theorist, pitched a remarkable idea -- that the profitable system of global trade created by imperialism could be secured without the costs and moral failings of invading foreign lands and suppressing independence movements -- that all that was required was influence, not control, over foreign lands to secure the wealth created by global trade. In a step to secure this vision, international organizations such as the League of Nations were established. This can be viewed as the beginnings of Neocolonialism