To what extent do you think the modern world faces a 'dictatorship of relativism'?

To a large extent, the modern world is confronting an overwhelming 'dictatorship of relativism' with Pope Benedict XVI's statement summing up the world's significant loss of the absolute values of life. Contemporary society seems to have lost sight of the certainties of human civilisation such as truth, self-respect and intellect with society advancing to different opinions and ways of life. Growing relativism has raised questions about corporate feudalism and its hidden agendas that lead to …

…body. Largely, it's evident that contemporary society consists of wealthy people and nations who possess the power to alter truth and establish globally how certain aspects of society should be perceived. Poorer nations are being engulfed in this 'dictatorship of relativism' as they attempt to gain prominence and voice in the corporate feudalist world. Consumerism and materialism appear to be ways of self-identification that are allowing the blurring distinction between truth and falsities to thrive.