Ethics, Part III, Definition of the Emotions 11
Derision is pleasure arising from our conceiving the presence of a quality, which we despise, in an object which we hate.
Explanation
In so far as we despise a thing which we hate, we deny existence thereof (III. lii. note), and to that extent rejoice (III. xx.). But since we assume that man hates that which he derides, it follows that the pleasure in question is not without alloy (cf. III. xlvii. note).
Benedict de Spinoza, The Ethics (Ethica Ordine Geometrico Demonstrata), translated from the Latin by R. H. M. Elwes.
First published in The Chief Works of Benedict de Spinoza, vol. II (London: George Bell and Sons, 1884).
This translation is out of copyright in the United States, where it was published in 1884, and wherever the copyright term is the author's life plus 100 years or less; its translator died in 1892.
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Digital text: Project Gutenberg eBook #3800