cargo cult :
- n (Melanesia) the followers of one of several millenarian cults that believe salvation will come in the form of wealth (`cargo') brought by westerners; some ascribe divine attributes to westerners on first contact (especially to missionaries)
- n a religious cult that anticipates a time of joy, serenity, and justice when salvation comes
News & Articles
- Guest Post: Have A Merry DeGrowth Christmas--Boycott Black Friday
Submitted by Charles Hugh-Smith of OfTwoMinds blog , The "aggregate demand is God" Keynesian Cargo Cult fetish of focusing on holiday sales is worse than meaningless--it is profoundly misleading. Counting on strong holiday retail sales to "boost the economy" is like eating triple-paddy cheeseburgers and fries to lose weight. The last thing a debt-dependent economy needs is more borrowing to buy ...
Nov. 20, 2013 - Zero Hedge