Black Eyed Peas - Where is the love? Lyrics Meaning

It is about the disintergration of society's values.
Examples:
"But if you only have love for your own race
Then you only leave space to discriminate
And to discriminate only generates hate
And when you hate then you're bound to get irate, yeah"
Racism is being expressed in violent/humiliating methods nowadays.

"As I'm gettin' older, y'all, people gets colder
Most of us only care about money makin'
Selfishness got us followin' our wrong direction"

Materialism is getting more common. Making money seems to be the most important thing in people's minds now.

"Wrong information always shown by the media
Negative images is the main criteria
Infecting the young minds faster than bacteria
Kids wanna act like what they see in the cinema"

It seems that the youth are easily influenced by the media. This leads to the rise in juvenile crime and violent acts.