Thursday, August 4, 2011

Socio-Ecomic Waves, 40-Year Business Cycles And The Pendulum Effect.

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This fascinating piece follows from the MondayMorningMemo, produced and published by the iconic Roy C. Williams, the self-proclaimed (and occasionally very insightful) "Wizard Of Ads." His words ring ominously true upon the ears of every true futurist, trend-watcher and socio-economic forecaster.

History, like a bad lunch, has a tendency to repeat itself. And history tends to swing from extreme to extreme (the pendulum effect) in various astonishingly predictable waves and cycles of time. These reactionary paradigm shifts are not predicated upon the extrapolation of "cause and effect" logic, but on periodicity -- certain lengths of time. Remember the movie "Groundhog Day"?

Ironically, some of these predictable swings can be foreseen by checking your calendar without even taking a look at trending news. Like the life cycle of a Human Being, it would seem that the World has a rhythm of its own. And it would seem that this rhythm is exogenously determined by a force beyond our individual or collective consciousness or abilities to control. I will leave this contemplation to the reader, as it involves issues well beyond my depth, expertise or certainty.

Douglas E Castle

http://TheGlobalFuturist.blogspot.com
http://www.TNNWC.com

You'll find Roy's treatment of this subject as fascinating as you will find it frightening......

"Let me start at the beginning:


We see the world through the lens of an entirely different set of values every 40 years. We become a different people.


We are pulled 20 years up from the tipping point to the zenith of a “We” (1923 to 1943.)
We swing 20 years down to the next tipping point (1963.) Tipping points are interesting times.


We are pulled 20 years up to the zenith of a “Me” (1963 to 1983.)


We swing 20 years down to the next tipping point (2003.)


Eighty years is a complete cycle but there are only 40 years between the extremes. (The 1943 zenith of “We” to 1983 zenith of “Me.”)


We’re nearly halfway up to the next zenith of “We" (2023.) 2011 is 1931 all over again. But instead of being gaga over a thing called “radio” we’re gaga over this thing called “online.”


A new set of values every 40 years...


On one side are the values of “We,” the team, the tribe, the group working together, staying connected.


On the other side are the values of “Me,” the individual, unique and special and possessing unlimited potential.


“Me”

1. …demands freedom of expression.
2. …applauds personal liberty.
3. …believes one man is wiser than a million men, “A camel is a racehorse designed by a committee.”
4. …wants to achieve a better life.
5. …is about big dreams.
6. …desires to be Number One. “I came, I saw, I conquered.”
7. …admires individual confidence and is attracted to decisive persons.
8. …leadership is,Look at me. Admire me. Emulate me if you can.”
9. …strengthens a society’s sense of identity as it elevates attractive heroes.


“We”


1. …demands conformity for the common good.
2. …applauds personal responsibility.
3. …believes a million men are wiser than one man, “Two heads are better than one.”
4. …wants to create a better world.
5. …is about small actions.
6. …desires to be a productive member of the team. “I came, I saw, I concurred.”
7. …admires individual humility and is attracted to thoughtful persons.
8. …leadership is, “This is the problem as I see it. Please consider the things I am telling you and perhaps we can solve this problem together.”
9. …strengthens a society’s sense of purpose as it considers all its problems.


“Me” and “We” are equal-but-opposite attractions that pull our perspective one way, then the other. Western society swings like a pendulum from one set of values to the other every 40 years with the regularity of an old and reliable grandfather clock.


“Me” and “We” values are equally good, but we always take a good thing too far.

If history is to be our guide, the next 20 years will be when we move from our agreement of mutual brokenness, “I’m Not Okay – You’re Not Okay,” to embrace a self-righteous indignation, “I’m Okay – You’re Not Okay.” Sanctimonious vigilante-ism will become popular as indignant leaders demonize their enemies and rally their followers by appealing to their inborn sense of rightness and social obligation, “Let’s clean this place up and to hell with compromise. They are entirely wrong and we are entirely right. They are stupid. We are wise. They are evil. We are good.”


The last time we went through this, America formed a committee in Congress called the House Un-American Activities Committee (1938) which later watched with glee while Senator Joseph McCarthy destroyed countless careers by recklessly branding his enemies as “Communists” and creating the infamous blacklists.


This sounds a bit far-fetched, doesn’t it? I know it does. I'm writing because I want you to be able to look back and recall how absurd this all sounded when I first told you what was on the horizon if history can be trusted.


A self-righteous nut with a gun killed dozens of people in Norway and believed he was doing the right thing.


That’s the problem with self-righteous nuts; they always believe they’re doing the right thing.


Roy H. Williams
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Observation: We cannot predict or prepare for the future without taking into account these "temporal Pendulum swings" and cycles. An accurate forecasting model or algorithm requires that these seemingly exogenously-determined or caused cycles be given inclusion and proper weighting. -- DC
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