Idea of the Third World Essay Example | Topics and Well Written Essays - 750 words

Idea of the Third World - Essay Example The term ‘third world’ is in real meaning a derogatory term used to describe these developing countries. The only ‘advantage’ that this term can get is ‘aid’ from the West. History has shown that in the past these so-called ‘third world’ countries were exploited, and completely stripped of their wealth by their colonial rulers, the very countries which now refer them as ‘underdeveloped’. As Irogbe, speaking about these colonial rulers comments â€Å"They did not hesitate to create and finance political parties in opposition to real nationalist ones†¦ used various other means to make sure that they handed over to those who would continue with the colonial policies in the nominally independent countries†¦Thus, a crucial problem of underdevelopment is that in this process of dependency there is a convergence of interest between the local or internal bourgeois and the external capitalist oligarchies†. All t hese nefarious dealings often made the development of these newly formed countries very slow and an uphill task. The word ‘third world’ until today, carries a picture of malnourished, non-whites living in abject poverty, which is not true anymore. Countries like China, India, and much more from the so called ‘third world front’ have put their economies in a strong position and are fast progressing to catch up with ‘developed world’. They are touted as the future powers and are in the process of taking charge of modern day world economy. Thus, we find the term ‘third world’ does not carry much meaning now, especially with the dissolution of USSR.