In This Economy

The pre-cursor to a bad decision or proposition, usually as an excuse.

Ex 1. "In this economy, it's okay to not shower for six days."

Ex 2. "In this economy, it's necessary to limit a few of the extra rights of the people."

by Johnnytherockhammer October 18, 2011

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econocult

Any scheme or organization that promises quick financial rewards for little effort, esp. those that attempt to show a happy 'community of users'. Usually promotes itself with many (often over-emphatic) so-called personal testimonials.

Examples of econocults:

"Sign up 5 of your friends to our great offers, and get a FREE Ipod!"

"I earned over $20,000 in the first five minutes on the Amazing Crazy Cash system!"

by Benjamin D. Haynes January 11, 2006

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Related Words

emcon • Economics • econ • economy • emon • emoney • emoness • Emoni • emonic • Emonie

Econopocalypse

Economic apocalypse

I can't afford to do anything because of the econopocalypse.

by Metrosexuwell May 11, 2009

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economic incest

Screwing a family member on a business transaction.

He paid his sister so much below market value for that property that it was economic incest.

by ThorMonster March 29, 2016

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economic democracy

A socioeconomic philosophy that seeks to equalize decision-making power by giving ownership of businesses to the workers that run them. Allegedly, this will even out the distribution of wealth by shifting power from the minority (corporations) and put it in the hands of the majority (the people). Society will then democratically be able to choose the level of resources allocated to businesses.

Here is a link to an informative article explaining economic democracy in more depth, check it out!
www.luc.edu/faculty/dschwei/economicdemocracy.pdf

by peacetothepeople May 17, 2016

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