How It's Used

"The problem is endlessly reported as one of 'bailout' terms and 'packages' for 'debt relief.' These are all euphemisms, and they are also all short-term. The fact is that default has entered the European vocabulary on a national scale and therefore that this First World club has its own Third World to contend with. In any case, the great justification for the European Union was always political and not economic, and if the symbol of the second-order dimension becomes tarnished, then the first ideal will not escape great damage, either."

—Christopher Hitchens, "Is the Euro Doomed? The dreams of European union could die along with it," Slate, April 26, 2010.

Links

Related on eAlmanac
Third World
Two-Thirds World

Beyond eAlmanac
Wikipedia article on First World