Saturday, June 13, 2015

Anomie

I came across a new word today playing Scrabble:

Anomie: a collapse of the social structures governing a given society.

Now that is one very useful word! It could usefully describe the slow motion collapse of the financial markets as investors and consumers realise that their interests are no longer protected by fiduciary, exchange, monetary and regulatory structures that once engendered confidence. Or maybe it captures the loss of patriotism and social cohesion in a globalised economy dominated by stateless corporations, their executive elites and their political puppets who are all determined to loot the public treasury while paying no taxes.

One word. So much potential. I will be finding all kinds of appropriate contexts to use it, I expect.

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