FREE ENTERPRISE, n. A system in which a few are born owning billions, most are born owning nothing, and all compete to accumulate wealth and power. If those born with billions succeed, it is due to their personal merits. If those born owning nothing fail, it is due to their personal defects.
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— from The American Heretic’s Dictionary (revised & expanded), the 21st-century successor to Ambrose Bierce’s Devil’s Dictionary. (The link goes to 50 sample definitions and illustrations.)