But whereas before, discipline used to flow from elected leadership down, today it flows from factional leadership up.
And like petulant preschoolers, Wall Street craves—and needs—rules, and the discipline to enforce them consistently.
discipline, detail, sweat, repetition, the study of those who came before you.
early 13c., "penitential chastisement; punishment," from Old French descepline (11c.) "discipline, physical punishment; teaching; suffering; martyrdom," and directly from Latin disciplina "instruction given, teaching, learning, knowledge," also "object of instruction, knowledge, science, military discipline," from discipulus (see disciple (n.)).
Sense of "treatment that corrects or punishes" is from notion of "order necessary for instruction." The Latin word is glossed in Old English by þeodscipe. Meaning "branch of instruction or education" is first recorded late 14c. Meaning "military training" is from late 15c.; that of "orderly conduct as a result of training" is from c.1500.
c.1300; see discipline (n.). Related: Disciplined; disciplines; disciplining.