It is a social and political philosophy which encourages people to face up to their own rather nasty human nature and describes policies to protect society.
CompassionateBastardism is about accepting that we are all bastards and harnessing the greed that drives the majority, but at the same time ensuring that everyone is provided with the means to survive.
Compassionate Bastardism holds that if you want a fair society you have to be a bastard about being compassionate so that your compassion can go to the people that really need it and it cannot be taken advantage of by the bastards.
1) The process of making something illegitimate 2) The process of bringing something to a form which is not as good as the one it was in before, i.e. the language glorified by urbandictionary.com