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"Almighty dollar" is an
idiom An idiom is a phrase or expression that largely or exclusively carries a Literal and figurative language, figurative or non-literal meaning (linguistic), meaning, rather than making any literal sense. Categorized as formulaic speech, formulaic ...
often used to satirize obsession with
material wealth Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an ...
, or with
capitalism Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by ...
in general. The phrase implies that money is a kind of
deity A deity or god is a supernatural being considered to be sacred and worthy of worship due to having authority over some aspect of the universe and/or life. The ''Oxford Dictionary of English'' defines ''deity'' as a God (male deity), god or god ...
.


History

Although the phrase "almighty dollar" was not popularized until the 1900s, similar phrases had been used much earlier. For example, the British writer
Ben Jonson Benjamin Jonson ( 11 June 1572 – ) was an English playwright, poet and actor. Jonson's artistry exerted a lasting influence on English poetry and stage comedy. He popularised the comedy of humours; he is best known for the satire, satirical ...
wrote in 1616: The "dollar" version of the phrase is commonly attributed to
Washington Irving Washington Irving (April 3, 1783 – November 28, 1859) was an American short-story writer, essayist, biographer, historian, and diplomat of the early 19th century. He wrote the short stories "Rip Van Winkle" (1819) and "The Legend of Sleepy ...
, who used it in the story "The Creole Village," first published in the 1837 edition of ''The Magnolia'', a literary annual:The story was also reprinted in its entirety in the November 1836 issue of ''
The Knickerbocker ''The Knickerbocker'', or ''New-York Monthly Magazine'', was a literary magazine of New York City, founded by Charles Fenno Hoffman in 1833, and published until 1865. Its long-term editor and publisher was Lewis Gaylord Clark, whose "Editor' ...
'' magazine within a review of ''The Magnolia''.
Charles Dickens Charles John Huffam Dickens (; 7 February 1812 – 9 June 1870) was an English novelist, journalist, short story writer and Social criticism, social critic. He created some of literature's best-known fictional characters, and is regarded by ...
used the phrase in Chapter III, "Boston", of his ''
American Notes ''American Notes for General Circulation'' is a travelogue by Charles Dickens detailing his trip to North America from January to June 1842. While there he acted as a critical observer of North American society, almost as if returning a statu ...
'', published in 1842.
Edward Bulwer-Lytton Edward George Earle Lytton Bulwer-Lytton, 1st Baron Lytton (; 25 May 1803 – 18 January 1873) was an English writer and politician. He served as a Whig member of Parliament from 1831 to 1841 and a Conservative from 1851 to 1866. He was Secr ...
is often credited with coining the related phrase "pursuit of the almighty dollar", which he used in his 1871 novel '' The Coming Race''. More obscure uses of the phrase can be found as far back as 1852. Excerpt from ''The Book of the Garden'', William Blackwood & Sons, 1852.


In popular culture

" The Almighty Dollar" is the name of a 2007
Ozzy Osbourne John Michael "Ozzy" Osbourne (born 3 December 1948) is an English singer, songwriter, and media personality. He rose to prominence during the 1970s as the lead singer of the heavy metal music, heavy metal band Black Sabbath, during which per ...
song from his album '' Black Rain''. The song argues that money and greed are destroying the planet by blinding people to problems such as
global warming Present-day climate change includes both global warming—the ongoing increase in global average temperature—and its wider effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes ...
and
pollution Pollution is the introduction of contaminants into the natural environment that cause harm. Pollution can take the form of any substance (solid, liquid, or gas) or energy (such as radioactivity, heat, sound, or light). Pollutants, the component ...
. "Almighty Dollar" is the name of a Devin the Dude song from his 2007 album '' Waitin' to Inhale''. It is a lament both of a marijuana user's lack of money and the declining
buying power Bargaining power is the relative ability of parties in a negotiation (such as bargaining, contract writing, or making an agreement) to exert influence over each other in order to achieve favourable terms in an agreement. This power is derived f ...
of the
US dollar The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...
. The words "Almighty Dollar" are repeated in the 1973 funk hit single " For the Love of Money" by
The O'Jays The O'Jays are an American Rhythm and blues, R&B group from Canton, Ohio, formed in summer 1958 and originally consisting of Eddie Levert, Walter Lee Williams, William Powell, Bobby Massey, and Bill Isles. The O'Jays made their first chart appea ...
. The song cautions against the intense desire for money and the negative effects that such desire can have on a person's personality and actions. The phrase "Almighty Dollar" is repeated many times in the song "Money (In God We Trust)" by the
funk metal Funk metal (also known as thrash-funk or punk-funk) is a subgenre of funk rock and alternative metal that infuses heavy metal music (often thrash metal) with elements of funk and punk rock. Funk metal was part of the alternative metal movement, ...
band Extreme.


See also

*
Prosperity theology Prosperity theology (sometimes referred to as the prosperity gospel, the health and wealth gospel, the gospel of success, seed-faith gospel, Faith movement, or Word-Faith movement) is a belief among some Charismatic Christians that financial bl ...


Notes


References

{{Edward Bulwer-Lytton, state=collapsed Dollar English phrases 1830s neologisms Washington Irving Edward Bulwer-Lytton