Psychoeconomics: globalization, markets, crisis - стр. 12

Just as postresonators come to power, they are analogously replaced by post-postresonators. Or the economy of a given country is seized by the economically active subjects of other countries, and is ruined through competing with them. Sometimes this competition is blocked, such as by passing laws (e.g. 1933 in the U.S.) that introduce duties on imported goods. Sometimes it is simply blocked physically (e.g. the “Boston Tea Party” etc.) This tends to happen in countries that are leaders in military-political relationships.

Sometimes the elite in one or another government seems to have been appointed by the administration of another, more powerful government. The cycle will likewise be other than 72 years.

But on the whole, if we are talking about the effect of endogenous factors, altogether 72 years pass, and again a first-generation elite comes forth into the historical arena. But the moment of transition of power from the third-generation elite to the first-generation elite is usually hysterical, and often as not colored by bloodshed, especially if this occurs during special activity of the post-postresonators. The hysterical nature of the manifestation of the post-postresonators is polymorphous. One of these manifestations is the active inclusion of defensive reactions. Rational arguments are rejected with passion, vehemence, and they are hidden behind the denunciation of others…

But have there been more psychoeconomic crises like this? There is reason to suppose that the depression was one such, while in the opinion of some authors, the years 1873-1896 were also a crisis. U.S. economists have a somewhat different view of the boundaries of that depression, namely 1873-1879. But this is a more endogenous factor for Germany. For the U.S. it already possessed signs of being exogenous. Here, similar psychoeconomical dependencies appeared as with the crisis of 1929-1933. Leading to the market panic in 1873, bubbles in the real estate and property markets were inflated and there was a precipitous drop in share prices, etc. But the main evidence that the psychotypes of the economically active population had eventually changed in the direction of the appearance of an ever larger number of resonators is the change in the rates of development of the country. Germany leads in industrial growth. The average annual growth of industrial production in 1891-1913 in England was 2.1%, in the U.S., 4.12%, while in Germany, it was 4.2%. That is, cycles of economic development rooted in endogenous factors may be different in different countries and may not coincide.