Most of us have learned to love, or at least tolerate the greedy, petty, profit driven, butt-headed (lit.) race that is the Ferengi.
But since they were once envisioned to be the arch enemy in TNG, have you ever thought about why they are named Ferengi? I mean when they came up with the Borg, the name pretty much suggests that its a half man half machine entity.
I don’t know if it was the Persians and Arabs who referred to all Europeans as faranj and introduced Europeans to the Pacific. But since the 15th century, much of Asia, including the Thai, Chinese, Korean, Japanese all have been referring to Europeans with some form of ferengi (e.g. Fulangji in Chinese) . Tongan and Samoan refer to Europeans as p?langi or pap?langi. Apparently even the Greeks and Indians use this term to refer to Europeans.
It is mentioned this the is origin of the name Ferengi. So, why was it chosen? Were the Ferengis supposed to be a representation of Capitalism? As opposed to the near communism that is the Federation? I actually feel the word Ferengi would be better parallel for Colonialism than Capitalism.