Expression for the opinion that money is the determining reality in the world as a whole. – A deep-rooted basic attitude characterized by a focus solely on the possession of wealth without regard to other realities, greed. – In the socialist accusatory literature against the free economic order (marked-based economy), the accusation that the independent decision-making of private households and companies on the market leads with inherent necessity to a society in which soon everyone is oriented only toward money and the accumulation of wealth at the expense of other, weaker persons and companies; in this negative sense also called Manchestertum (mancuniasm; Mancunium = the Latin name for the English industrial city of Manchester). – The socialist prophets of doom did not believe that the state would enforce orderly competition by means of laws and its own departments – such as the supervisory authorities for cartels or with regard to the financial market – and that, in addition, a vigilant public would uncover and denounce any market abuse. – See actus-purus principle, argyromania, omnipotence doctrine, initial fact, economic, chremagogy, avarice, money ethics, money functions, money shark, money squeezer, money raper, money obsession, money squeezer, money-grubbing, money-raking, money-pride, money-chaining, greed, harpax, misochrematie, mammon, monetization, pantheism, monetary, rebbes, wealth, thrift, ungoods, centralization, monetary.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/