Sentence:  Whereas pantheism asserts that all is God, <WSD>pandemonism</WSD> asserts that all is hell; whereas pantheism asserts that all is sacred and divine, <WSD>pandemonism</WSD> asserts that all is profane and contaminated. 
Meaning of the word marked with <WSD> tags:  Belief in a universe that is infused with an evil spirit.