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Posted:  |  Updated: 07/03/12 06:09 PM ET

Nuclear Iran: Panacea Or Bad Idea? Join HuffPost For A Live Discussion

On Sunday, an Iranian Revolutionary Guard General threatened to wipe out Israel if attacked by the Jewish state, while announcing plans for upcoming missile tests. The news came as Europe began enforcing an oil embargo and new sanctions against Iran to deter it from developing a nuclear weapon.

But in an article in the July/August edition of Foreign Affairs Magazine, Berkeley professor and international relations theorist Kenneth N. Waltz argues that giving Iran the bomb would put it on more equal footing with its nuclear rivals -- namely the United States and Israel -- improving its relations with them and restoring stability to the Middle East.

Could allowing Iran to develop nuclear weapons bring peace to the region? Is nuclear symmetry the answer? Or is Iran too unstable and too threatening to be trusted with nuclear weapons?

Watch our online discussion with author, scholar, and activist Reza Aslan and Iranian-American journalist Hooman Majd at 3:00PM EST on Tuesday, July 3, 2012.

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