A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from June 29, 2011
Debtocracy (debt + democracy); Debtocrat (debt + bureaucrat/Democrat)

The movie Debtocracy (2011) about the Greek debt crisis of 2010 defined its title as “debt” and “democracy.” While the film popularized the term, “debtocracy” has appeared in print infrequently since at least 1953.

A “debtocrat” is a bureaucrat in a debtocracy, governing the nation into debt. “Debtocrat” has been cited in print since at least 1995 and often refers to the words “debt” and “Democrat.”


Wikipedia: Debtocracy
Debtocracy (Greek: Χρεοκρατία hreokratía) is a 2011 documentary film by Katerina Kitidi and Aris Hatzistefanou. The documentary mainly focuses on two points: the causes of the Greek debt crisis in 2010 and possible future solutions that could be given to the problem that are not currently being considered by the government of the country.

The documentary has been distributed online under a Creative Commons BY-SA 3.0 license since 6 April 2011, and the production said that it has no interest in any kind of commercial exploitation of the project. The documentary is available in Greek and English and will be subtitled in at least 2 other languages. The production claims that half a million people saw the documentary in just the first 5 days of its release.

Name
The production team defines “debtocracy” as the condition by which Greece found itself trapped in its debt. The Greek term for debtocracy, Χρεοκρατία, has the same roots as the word for democracy. The term is coined from the Greek words “χρέος” (debt) and “κράτος” (power) in a similar manner that the word democracy is formed of the Greek words “δήμος” (people) and “κράτος” (power).

Google Books
Australia Speaks:
A supplement to “The Australian language”

By Sidney John Baker
Shakespeare Head Press
1953
Pg. 147:
To these terms, Mr. DeGaris adds consumet, “that which has been consumed”, debtocracy, debtarchy, debtarchs, mensiversary (a “monthly” version of anniversary), ruripolis, a garden city in the country, ruriculture, rusurb (a suburb of a ruripolis),...

Google Books
Tax Target: Washington
By Gary Allen
Seal Beach, CA: ‘76 Press
1978
Pg. 40:
Our politicians have turned the United States into a giant debtocracy.

15 September 1991, Washington (DC) Post, “Rockies Horror Show: Why Workers Won’t Be Storming America’s Winter Palaces” by Michael Lewis, pg. C1:
The jousting debtocrats—Donald Trump, Rupert Murdoch and other lesser visionaries—somehow transformed large sections of a tranquil mountain town into a neurotic alter ego of Manhattan.

Google Books
A World Fit for People:
Thinkers from many countries address the political, economic, and social problems of our time

By Üner Kirdar and Leonard Solomon Silk
New York, NY: New York University Press
1993
Pg. 236:
So many countries, large and small, are irretrievably in debt that a system of “debt-ocracy” with its own “debt-ishism” has evolved.

Google Groups: alt.arts.ballet
Newsgroups: rec.arts.theatre.misc, alt.arts.ballet, tx.politics
From: (Mike Rayburn)
Date: 1995/12/08
Subject: Re: Sweet Irony

The Liberal Debtocrats are the ones that have been doing their best to destroy this country. As for the arts, like every thing else in the free market if it’s good it will pay for itself. No more free rides for the crap some call art.

Google Groups: alt.politics.correct
Newsgroups: talk.politics.misc, alt.fan.newt-gingrich, alt.fan.rush-limbaugh, alt.politics.usa.republican, alt.activism, alt.politics.usa.newt-gingrich, alt.society.conservatism, alt.politics.correct
From: (Mark Shaw)
Date: 1996/01/07
Subject: Re: Right-wing storm troopers cave in!!!

If the GOP had a propaganda arm as effective as the Debtocrats’, it might well be the other way around....

The Guardian (UK)
Where will the funding come from?
As the higher education sector takes stock, Stephen Hoare asks whether universities and politicians alike should be concentrating on more non-traditional and older learners in order to keep Britain competitive

Stephen Hoare
Tuesday 20 February 2007
(...)
Too many universities were catering for the “debtocracy” - middle-class students on full-time degrees willing to take on a high level of debt.

Zero Hedge
Debtocracy-"Don’t fight the Doctor.....”
Submitted by thetrader on 06/29/2011 06:31 -0400
“For the first time in Greece a documentary produced by the audience. “Debtocracy” seeks the causes of the debt crisis and proposes solutions, hidden by the government and the dominant media. The documentary will be distributed free by the end of March without usage rights and broadcasted and subtitled in at least three languages.

Debtocracy International Version
(...)
COMMENTS
by InconvenientCou…
on Wed, 06/29/2011 - 11:26
“debtocracy”
Is that where a sizable portion of the citizens believe they are entitled to a high standard of living and the benefits of social safety nets while considering taxes to be a crime against humanity?
OK, got it.

by dexter_morgan
on Wed, 06/29/2011 - 11:38
you left out how the bankers and Soros types manage to enrich themselves enormously during the the ‘ocracy’ period

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Wednesday, June 29, 2011 • Permalink