The Mountain Song of Dwarf is a colossal, efficient nation, ruled by Torfinn Peatbeard with a fair hand, and renowned for its museums and concert halls, public floggings, and spontaneously combusting cars. The hard-nosed, hard-working, democratic, cheerful population of 9.756 billion Dwarves are effectively ruled by a group of massive corporations, who run for political office and provide their well-off citizens with world-class goods and services. Their poorer citizens, however, are mostly starving to death while being urged to go out and get real jobs. The populace has reasonably extensive civil rights, although these are mostly aimed at allowing them to buy whatever they like.

The relatively small, corrupt, pro-business, outspoken government juggles the competing demands of Industry, Education, and Defense. It meets to discuss matters of state in the capital city of Hammerfall. The average income tax rate is 94.1%.

The frighteningly efficient Dwarfen economy, worth a remarkable 5,051 trillion ores a year, is broadly diversified and led by the Information Technology industry, with significant contributions from Retail, Arms Manufacturing, and Book Publishing. Black market activity is rampant. Average income is a breathtaking 517,808 ores, but there is a vast disparity between incomes, with the richest 10% of citizens earning 4,653,650 per year while the poor average 7,246, a ratio of 642 to 1.

Tourists outnumber citizens two to one, on graduation day the hats thrown in the air fly high enough to stun passing pigeons, athletic teenagers are among the wealthiest members of society, and Dwarf's free colleges struggle to maintain standards in the face of overwhelming demand. Crime is totally unknown. Dwarf's national animal is the Musk Ox, which is also the nation's favorite main course, and its national religion is Cult of the Mountain.

Dwarf is ranked 204,216^th in the world and 77^th in Middle Earth for Highest Disposable Incomes, with 30,550.71 Standard Monetary Units.