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]]'''Popular delusions are ideas or cultural fads that become transiently popular in a given society.''' They are characterised by their rapid transmissibility and fickle nature<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, and 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 | <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]]'''Popular delusions are ideas or cultural fads that become transiently popular in a given society.''' They are characterised by their rapid transmissibility and fickle nature<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, and 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]]. [https://pessimistsarchive.org/ The Pessimist Archive] tracks popular delusions overtime to remind us when we are in a fad, they may seem permanent but they are merely temporary blips.<div class="res-img"></div>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.[[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)]]'''References'''<references /> | 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.[[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)]]'''References'''<references /> | ||
Revision as of 00:12, 9 July 2023
Popular delusions are ideas or cultural fads that become transiently popular in a given society. They are characterised by their rapid transmissibility and fickle nature[1]. Historically, they start with a trigger (see Figure 1) then move rapidly into their hype phase, and cause frantic activity of crowds such as the South Sea Bubble (see Figure 2), Tulip Mania or Witch Mania. Today popular delusions have become ever more transmissible via memes and the advertising industry. The Pessimist Archive tracks popular delusions overtime to remind us when we are in a fad, they may seem permanent but they are merely temporary blips.
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.
Figure 2. Night Wind Hawkers sold stock on the streets during the South Sea Bubble. (The Great Picture of Folly, 1720)
References
- ↑ 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