The Developed World sets the economic trends for the Third World and Emerging Economies. Therefor it is imperative that the Developed World, or the First World, projects an economic, political, and social culture that does not lead to more social distress and human misery.
At this point in time the Developed World is driven by greed and self-centredness and this is the culture that it projects. It is a culture which renders all economic theory subordinate to itself, and unless we transform this culture, all other economic theory is redundant.
As human misery increases, so too does crime, leading to fanaticism, radicalisation, and on to civil disobedience, until eventually there is anarchy and revolution.
This is evident all over the world.