I shall introduce a natural strengthening of Kelley-Morse set theory KM to the theory we denote KM+, by including a certain class collection principle, which holds in all the natural models usually provided for KM, but which is not actually provable, we show, in KM alone.  The absence of the class collection principle in KM reveals what can be seen as a fundamental weakness of this classical theory, showing it to be less robust than might have been supposed.  For example, KM proves neither the Łoś theorem nor the Gaifman lemma for (internal) ultrapowers of the universe, and furthermore KM is not necessarily preserved, we show, by such ultrapowers.  Nevertheless, these weaknesses are corrected by strengthening it to the theory KM+.  The talk will include a general elementary introduction to the various second-order set theories, such as Gödel-Bernays set theory and Kelley-Morse set theory, including a proof of the fact that KM implies Con(ZFC). This is joint work with Victoria Gitman and Thomas Johnstone.