Psalms82:8
Previous VerseTranslation
Rise up, [Oh] ELOHIM, judge the earth, for you possess all nations. (See comments below.)
Paraphrase
Oh CREATOR AND RULER OF ALL THINGS, let your full power and glory be clearly seen when you render judgment on the entire world, which you have the right to do because you already own the whole world and everything in it.
THE WEAKNESS OF HUMAN LEADERS
The most natural interpretation of this psalm is that it is addressing human leaders, especially those that serve as judges. They have not acted as they should; they have not used their authority as God wanted them to nor as God Himself acts. In due time God, the true judge, the only one with ultimate authority, will judge the judges.
On a secondary level, it is also a statement about the worthlessness and weakness of false gods. They are not real, but even the belief in them will one day be shown for what it is, a bad choice, for they, just like mere men, have no real power and will come to nothing.