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Popular Delusions: Difference between revisions
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<seo title="Popular Delusions and the Madness of Crowds" metakeywords="popular mass delusions, famous delusions, common delusions, popular delusions of crowds" metadescription="What are the most common delusions and why delusions happen"/>[[File:Common delusions.png|alt=Popular fallacies|center|Popular delusions]][[File:Popular Delusions Hype.png|alt=Popular Delusions Hype|thumb|'''Figure 1'''. Popular Delusions Gartner Hype Cycle|220x220px]]''' | <seo title="Popular Delusions and the Madness of Crowds" metakeywords="popular mass delusions, famous delusions, common delusions, popular delusions of crowds" metadescription="What are the most common delusions and why delusions happen"/>[[File:Common delusions.png|alt=Popular fallacies|center|Popular delusions]][[File:Popular Delusions Hype.png|alt=Popular Delusions Hype|thumb|'''Figure 1'''. Popular Delusions Gartner Hype Cycle|220x220px]]'''A delusion is a common false fixed belief that is not amenable to change in light of conflicting evidence.''' '''They exhibit in society as ideas or cultural fads that become transiently popular'''<ref>'''The Effects of Twitter Sentiment on Stock Price Returns''' Gabriele Ranco,Darko Aleksovski ,Guido Caldarelli,Miha Grčar,Igor Mozetič Published: September 21, 2015 https://doi.org/10.1371/journal.pone.0138441</ref>. Historically, they start with a trigger (see '''Figure 1''') then move rapidly into their hype phase at which point they cause frantic activity of crowds such as the [[wikipedia:South_Sea_Company|South Sea Bubble]] (see '''Figure 2'''), [[wikipedia:Tulip_mania|Tulip Mania]] or [[wikipedia:Witch-hunt|Witch Mania]]. Today popular delusions have become ever more transmissible via memes and the [[Advertising|advertising industry]]. <div class="res-img"></div>[[File:South Sea Macro Delusion.jpg|alt=South Sea Macro Delusion|thumb|'''Figure 2'''. [[Night Wind Hawkers]] sold stock on the streets during the South Sea Bubble. (The Great Picture of Folly, 1720)]]Popular delusions can have significant impacts on society and individuals. They can lead to irrational behaviors, poor decision-making, and in some cases, can result in harm or injustice. Understanding and recognizing these delusions can help individuals and societies make more informed and rational decisions. | ||
It's important to note that what may be considered a "''delusion''" can be subjective and may vary across different cultures and societies. What one group considers a delusion, another group may consider a deeply held belief or tradition. Therefore, the term should be used with caution and understanding of its potential cultural implications. | It's important to note that what may be considered a "''delusion''" can be subjective and may vary across different cultures and societies. What one group considers a delusion, another group may consider a deeply held belief or tradition. Therefore, the term should be used with caution and understanding of its potential cultural implications. | ||