The story
From Rachman + -ism. Named after Polish landlord Peter Rachman, accused of being unscrupulous over his vulnerable tenants
Etymology from Wiktionary, CC BY-SA 4.0.
Rachmanism
Today it means: The exploitation of tenants of slum properties by unscrupulous landlords; the practice of charging extortionate rents for inferior properties, especially to poor, disadvantaged or immigrant tenants. Full definition →