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The excerpt represents the core issue or deciding factor on which you must meditate, and is drawn from The Perfect Wagnerite: A Commentary on the Niblung's Ring by George Bernard Shaw: execration that bursts from him. But Loki is unaffected: he has
no moral passion: indignation is as absurd to him as enthusiasm.
He finds it exquisitely amusing--having a touch of the comic
spirit in him--that the dwarf, in stirring up the moral fervor of
Wotan, has removed his last moral scruple about becoming a thief.
Wotan will now rob the dwarf without remorse; for is it not
positively his highest duty to take this power out of such evil
hands and use it himself in the interests of Godhead? On the
loftiest moral grounds, he lets Loki do his worst.
A little cunningly disguised flattery makes short work of
Alberic. Loki pretends to be afraid of him; and he swallows that
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