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Third International Theory

Third International Theory

Overview
The Third International Theory refers to the style of Government used in Libya
Libya
Libya , officially the Great Socialist People's Libyan Arab Jamahiriya , is a country located in North Africa...

, created by Col. Muammar al-Gaddafi
Muammar al-Gaddafi
Muammar Abu Minyar al-Gaddafi1 has been the de facto leader of Libya since a coup in 1969....

 in the early 1970s. It is partly inspired by Islamic socialism
Islamic socialism
Islamic socialism is a term coined by various Muslim leaders to meet the demand for a more spiritual form of socialism. Muslim socialists believe that the teachings of the Qur'an and Muhammad are compatible with principles of equality and the redistribution of wealth...

 and Arab nationalism
Arab nationalism
Arab nationalism is a nationalist ideology which rose to prominence amongst Arabs from the early 20th century onwards. Its central premise is that the peoples and countries of the Arab World, from the Atlantic Ocean to the Arabian Sea, constitute one nation and are bound together by their common...

. The theory proposes an alternative to capitalism
Capitalism
Capitalism is an economic and social system in which the means of production are privately controlled; labor, goods and capital are traded in a market; profits are distributed to owners or invested in technologies and industries; and wages are paid to labor...

 and communism
Communism
Communism is a socioeconomic structure and political ideology that promotes the establishment of an egalitarian, classless, stateless society based on common ownership and control of the means of production and property in general. Karl Marx posited that communism would be the final stage in human...

 for Third World
Third World
The term Third World arose during the Cold War to define countries that remained non-aligned or neutral with either capitalism and NATO or communism and the Soviet Union...

 countries, and is based on the belief that both of these ideologies have been proven invalid. The theory relies on the Quran for most of its philosophical foundations. The Higher Council for National Guidance was created to disseminate and implement Qadhafi's Third International Theory also known as the Third Universal Theory.
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Encyclopedia
The Third International Theory refers to the style of Government used in Libya
Libya
Libya , officially the Great Socialist People's Libyan Arab Jamahiriya , is a country located in North Africa...

, created by Col. Muammar al-Gaddafi
Muammar al-Gaddafi
Muammar Abu Minyar al-Gaddafi1 has been the de facto leader of Libya since a coup in 1969....

 in the early 1970s. It is partly inspired by Islamic socialism
Islamic socialism
Islamic socialism is a term coined by various Muslim leaders to meet the demand for a more spiritual form of socialism. Muslim socialists believe that the teachings of the Qur'an and Muhammad are compatible with principles of equality and the redistribution of wealth...

 and Arab nationalism
Arab nationalism
Arab nationalism is a nationalist ideology which rose to prominence amongst Arabs from the early 20th century onwards. Its central premise is that the peoples and countries of the Arab World, from the Atlantic Ocean to the Arabian Sea, constitute one nation and are bound together by their common...

. The theory proposes an alternative to capitalism
Capitalism
Capitalism is an economic and social system in which the means of production are privately controlled; labor, goods and capital are traded in a market; profits are distributed to owners or invested in technologies and industries; and wages are paid to labor...

 and communism
Communism
Communism is a socioeconomic structure and political ideology that promotes the establishment of an egalitarian, classless, stateless society based on common ownership and control of the means of production and property in general. Karl Marx posited that communism would be the final stage in human...

 for Third World
Third World
The term Third World arose during the Cold War to define countries that remained non-aligned or neutral with either capitalism and NATO or communism and the Soviet Union...

 countries, and is based on the belief that both of these ideologies have been proven invalid. The theory relies on the Quran for most of its philosophical foundations. The Higher Council for National Guidance was created to disseminate and implement Qadhafi's Third International Theory also known as the Third Universal Theory.

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