Why is the “First World” Overrated?

What is the “First World”

First World- Green

Second World- Red

Third World- Yellow

Terms such as First world, Second World, and Third World originated during the cold war to give some sort of ranking system to the West, East, etc.

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Why the “First World” is Over-hyped

30-40 years ago, the countries pictured in Green were absolutely the safest, most prosperous, most free etc. But thanks to globalization that has changed significantly.

Nowadays we have many new countries that offer an excellent quality of life outside the traditional “west”. Some of these new and up and coming countries include the UAE, Saudi Arabia, Qatar, Kuwait, Malaysia, Singapore, Panama.

Unlike most or all “First World” countries, these nations aren’t going to follow you around the globe and track how you earn and spend your money. As long as you are a law-abiding citizen and a productive member of their society, they could care less about your offshore banking.

The emergence of these countries has showed us that one has many options regarding where to live, work, invest, etc. In fact, the new-emerging capitalist hotspots (listed above) are less restrictive and more capitalist than the traditional “First World”.

Maybe it’s time you rethink where you live, work, invest, etc.

Thanks for reading!