The Liberal Politics & Current Events Book Club discussion

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oppression / discrimination > Immiserating the Poor for the Benefit of the Rich

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message 2: by Mark (new)

Mark | 785 comments I think the title of your thread is just the definition of "capitalism." :)


message 3: by Lisa (new)

Lisa (lisarosenbergsachs) | 424 comments I never heard the woord "immiserating" before. Who coined it?


message 4: by Mark (new)

Mark | 785 comments Karl Marx. (Or maybe Victor Hugo. :))


message 5: by Mark (new)

Mark | 785 comments Or possibly my erstwhile accountant.


message 6: by [deleted user] (new)

Lisa wrote: "I never heard the woord "immiserating" before. Who coined it?"

Merriam-Webster doesn't cite a source but dates it to 1948.

http://www.merriam-webster.com/dictio...


message 7: by Mark (new)

Mark | 785 comments I wasn't actually joking about Marx. It's from a translation of his "Verelendungstheorie," I don't know whether first into French or English. It means "theory of impoverishment." I'm pretty sure that's what Drum would have been alluding to intentionally, though Merriam-Webster may have picked up on increasing familiarity with the term in 1948. They might not have thought it a good idea to cite Marx as a source. But it's impossible to know for certain.


message 8: by Lisa (new)

Lisa (lisarosenbergsachs) | 424 comments Thanks. I find the origin of words interesting.


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