LEWIS LAPHAM ~ MAMMON/ENGLISH DICTIONARY ~ THE AGONY OF MAMMON ~ 01-11-1998

~ A-HAIPOFEFPWCATGTBS-CPEASRFTVOM ~ Austerity: Healthy And Invigorating Program Of Fiscal Exercise For People Who Cannot Afford To Go To Business School – Constant Practice Encourages A Sober Respect For The Value Of Money

~ B-DWBITCMDSOTC-T-A-WRTSEI:ACFPBCBALP-O-B-WRTOOI-AJRBUACE ~ Bailout: Difficult Word Because Its Two Contrary Meanings Depend Solely On The Context – Thus – A – With Reference To Somebody Else’s Investments: A Criminal Fraud Perpetrated By Corrupt Banks And Lying Politicians – Or – B – With Reference To One’s Own Investments – A Just Reward Bestowed Upon A Courageous Entrepreneur

~ B-EOFE-NBKWIMTMAPOTAR ~ Bureaucrats: Enemies Of Free Enterprise – No Bureaucrat Knows What It Means To Meet A Payroll Or Take A Risk

~ CS-PEO-JB – Campaign Slogans: Political Equivalents Of – Junk Bonds

~ CEO-COTP-HOOT-TCOMATTS-40,000SW-WAMQOH ~ CEOs: Champions Of The People – Heroes Of Our Time – Their Clarity Of Mind Allows Them To Subtract – 40,000 Superfluous Workers – Without A Moment’s Qualm Or Hesitation

~ CL-FGT-M/C/R/ATUP-EE ~ Civil Liberties: Favors Granted To – Minorities / Criminals / Radicals / And The Undeserving Poor – Extremely Expensive

~ C(T)-L-T-CI-CT-TMC-O-TLOAR-BIEITROPAICGBTIOP ~ Corporation (Transnational): Late-Twentieth-Century Institution – Comparable To – The Medieval Church – Or – The Legions Of Ancient Rome – Because It Exists In The Realm Of Pure Abstraction It Can Give Birth To Its Own Parents

~ C-SOAMS-TPOOAABTTLOC ~ Corruption: Sign Of A Mature Society – The Practice Of Offering And Accepting Bribes Teaches The Lesson Of Civility

~ C-FNFTCWBSOPH ~ Culture: Fancy Name For Traditional Customs Worn By Schoolchildren On Public Holidays

~ D-OSOGUTTCOTT-FC ~ Democracy: Outworn System Of Government Unequal To The Challenges Of The Twenty-First Century

~ D-TKTOM-OETDWTEL ~ Dictators: They Know Their Own Minds – Often Easier To Deal With Than Elected Legislatures

~ ES-ETC-NG-TWPSATPOTWM ~ Economic Sovereignty: Entrusted To Corporations – Not Governments – The World’s Parliaments Serve At The Pleasure Of The World’s Markets

~ E-NH ~ Ethics: Native Handicrafts

~ F-AMHAMESOGTIGS ~ Fascism: A Much Happier And More Efficient System Of Government Than Is Generally Supposed

~ FM-TFPWSQIOBTWRS ~ Free Market: The Few People Who Still Question Its Omniscience Belong To Weird Religious Sects

~ GE-WOM-EBWF-TGTHOM-IRTPOIIOC ~ Global Economy: Wonderfully Ornate Mechanism – Engineered By Wise Financiers – To Guarantee The Happiness Of Mankind – It Requires The Participation Of Investors Instead Of Citizens

~ GR-STSOV-ISTSOI ~ Government Regulation: Similar To Serpents Or Vines – It Strangles The Sinews Of Industry

~ I:DS-ILSTLARTOLT-ICII-WBTAPRO-V ~ Idealism: Dangerous Substance – If Left Standing Too Long At Room Temperature On A Library Table – Idealism Congeals Into Ideology – Which Breeds Totalitarianism And Puritanical Reigns Of – Virtue

~ MCP:TUWAGSISTACOB ~ Minimum Consensus Program: Terms Under Which A Government Surrenders Its Sovereignty To A Consortium Of Banks

~ M:TLOTWATMOH ~ Money: The Light Of The World And The Mandate Of Heaven

~ M:GMOHI-TSOAOB ~ Monopoly – Glorious Manifestation Of Human Ingenuity – The Source Of All Our Blessings

~ M:TDSUIBTTU ~ Multiculturalism – The Department Stores Understand It Better Than The Universities

~ N:LROSAICWADTT-IOTCABM-TOSRARL ~ Nationalism: Last Refuge Of Small And Impoverished Countries Without A Well-Developed Tourist Trade – Instead Of Tennis Courts And Boat Marinas – They Offer Street Riots And Recreational Looting

~ P,T:IB-POTGE-TPANS:RPMFPTCES ~ Poor, The – Inspirational By-Products Of The Global Economy – They Perform A Necessary Service: Reminding People More Fortunately Placed That Civilization Entails Sacrifice

~ P:NIOO ~ Profits: Never Indecent Or Obscene

~ T,T: FS-FPCITTGE ~ Titanic, The – Famous Ship – Foolish People Compare It To The Global Economy

~ T:WIWIG ~ Transparency: Worth Its Weight In Gold

~ U:NCOI ~ Unemployment: Necessary Check On Inflation

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