With our twenty-first century depression in full swing we are entering into a prolonged and widespread crisis of legitimacy at the global level. Sooner or later this is going to lead to social and political upheavals together with the collapse of the infrastructure support upon which billions depend for their survival. It might be called a political awakening and a universal conscience awareness. With this our so called Western Civilization.” may itself be at stake. The current threat of nuclear war is nothing more than a symptom of such decadence. We would like to examine here two lines of thought by which the current economic rationality could be changed from the South.