Heuschreckenkapitalismus

German

Etymology

Heuschrecke (locust) + -n- + Kapitalismus (capitalism), coined by German politician Franz Müntefering (2004).

Pronunciation

  • (file)

Noun

Heuschreckenkapitalismus m (strong, genitive Heuschreckenkapitalismus, no plural)

  1. (colloquial, derogatory) vulture capitalism
    • 2009 November 11, Alexander Schwabe, “Tod eines Helden”, in Die Zeit:
      Vor knapp einem Jahr warf sich der Milliardär Adolf Merkle in der Nähe von Ulm vor den Zug. [] Einer der reichsten Männer des Landes, hoffnungslos in den Fehlschaltungen der globalen Geldströme verloren, war zum Opfer eines gierigen Heuschreckenkapitalismus geworden.
      Almost a year ago, the billionaire Adolf Merkle threw himself in front of a train near Ulm. One of the richest men in the country, hopelessly lost in the faulty circuits of the global currents of money, became the victim of a greedy vulture capitalism.

Declension

Further reading

This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.