His work is a reaction to the failure of positivism,
its commercial debasement in the postwar era, and to the final madness it has precipitated - nuclear terror.
For those wonderfully naïve little girls, Santa Claus was a symbol not of
the commercial debasement of Christmas but of the real meaning of their faith in punishment and reward.
Not exact matches
My best guess is that the most important was the rise of the Federal Reserve system and its
debasement of
commercial paper as an attractive investment.