prag·ma·tism
Derived Forms: pragmatist, n. | pragmatistic adj.
Etymology: Termed by Charles Sanders Peirce in an effort to distinguish himself from, the likewise mentally-unstable, William James.

1. Belief or theory that legitimizes the moral rationale of an act based on the expedient consequences the practice may produce. (See under morally bankrupt)
2. Prime axiom of indifferent and expedient social policy; "Is perhaps the only peculiarly American school of philosophy."

"Were it not for the succor of our pragmatism, our conscience may acquaint us with the distateful plight of the impoverished," usually followed by a hearty round of blue-blooded guffaws.