Let's not pretend that third world debt is about wise investment of borrowed money in order to develop a country's economy more quickly. If it were so, the countries which borrowed the most would be the ones doing well. Without getting into statistics, I'll just point out that debt is more often hurting these economies than helping them. Debt is there, though, so what can be done about it?
The next image of the future which is increasingly gaining adherents is that of global collapse. This image is constituted in various discourses. The first is the economic. In this perspective, the world economic system's inability to deal with increasing levels of inequity (within nations and between nations), the international debt load, and rising speculation in the global stock markets will lead to a global collapse of epic proportions. Areas integrated into the world capitalist system will be particularly hard hit; those areas that are self-reliant will manage, though. This image is also constituted in the language of the return of the Vengeful God. Because Man has tampered with nature (through technological development--genetic engineering, space exploration, overindustrialization), nature is now striking back--we can't escape our collective karma. What will result is environmental catastrophes such as the Greenhouse effect, earthquakes, nuclear meltdowns, water shortages, and other wonderful things one can ponder while one falls asleep at night. Religious groups, in particular, are eagerly awaiting this event, or series of events. For many it is the Armageddon, the return of Christ, the Madhi, or Amita Buddha. It is the collapse of the hope and promise of the science and technology revolution, of the rationality of the enlightenment, and of liberal democracy. While some imagine this collapse as leading to the arrival of heaven on earth, most see this world as that of the rise of the worst of humans, a post-nuclear society ruled by the mighty.
There are numerous divergent views regarding the exact interpretation of the term "nation". Some are of the opinion that the inhabitants of a particular state form a nation. Even if the terms "state" and "country" are taken to be synonymous, the controversy over "nation" does not end. Some people hold the view that the structure of a nation depends on language. Others are of the opinion that the foundation of a nation depends on one or more than one factor from among the following: similar manners and customs, similar mode of living, similar traditions, racial similarity, religious similarity, etc. But practical experience does not indicate that these factors are especially important.
Sarkar has described the inner spirit of society as to “move together”. Society originated as a family in the early phase, and was strengthened subsequently under the guidance of group mothers and group fathers. Later, with growing social complexity, group leaders emerged as kings and queens. The emergence of classical religion made the social structure stronger under the dominance of the priestly class.
Left says Council of Europe motion 'neo McCarthyism'
Guardian
For some it was a vile capitalist plot aimed at rewriting the recent history of half of Europe, transforming wartime resistance heroes into villains, and denying the laudable ideals and legitimacy of a great political movement.
For others it was a long-overdue denunciation of a couple of dozen thoroughly evil regimes who wrecked their nations' economies, tortured their citizens, and between them were responsible for up to 100 million deaths.
Jan. 27 (Bloomberg) -- Iran said the United Nations was being ``manipulated for political purposes'' in its first official observance today of the memory of the Holocaust.
The UN's 191 member governments agreed on Nov. 1 to make Jan. 27 the annual ``International Day of Commemoration in Memory of Victims of the Holocaust.'' The decision was taken by consensus in the General Assembly, which means Iran didn't formally object or call for a vote on the resolution.
CARACAS, Venezuela - Dramatic differences emerged this week among Latin American leftists at Venezuela's World Social Forum, highlighting the region's diverse views.
About 1,000 marchers paraded through Caracas on Friday to call attention to causes ranging from land reform to anti-globalization. The crowd was dominated by supporters of Venezuelan President Hugo Chavez, but one small group calling itself Radical Critics held a sign accusing the Venezuelan president and other leaders of not taking a hard-enough stance against corporate capitalism.
