It seems that the world is falling in. Is it really? Grand and fear striking similes and metaphors abound: an economic national security emergency; a financial tsunami; the Great Depression 2.0.
Firstly lets take a look at personal psychology. The term recession seems to not have the same psychological association as depression does, however they are of the same nature. If you take a look at what is driving stock-markets and investors helter skelter, experts repeatedly say that the behaviour does not fit with fundamentals. Also, a little bit of good or bad news tends to go a long way. People are literally in a manic emotional state.
Take a look at the behaviour pattern of financial executives. Essentially they have for years been prepared to take on increased (even absurd) risk for the sake of additional profits. The downside possibility would know doubt have been in the back of their minds, but ignored. Some of these financial executives decided to hedge their bets by taking out insurance: credit default swaps. However the contagion consumed this cautiousness because the people giving out insurance ignored the possibility that they might have to pay out an insurance claim. It is like giving out fire insurance with the idea that money can be made because fires never happen. Insurance brokers however argue that they were covering financial products that will never get burnt, let alone destroyed, by fire. To this there is a very simple response. Why on earth would companies actually pay out millions and billions and trillions of dollars for insurance cover if there was no credible underlying risk? The very fact of the existence of a voluminous credit default swap market is proof that financial executives knew, but in general ignored, the underlying risk that mortgage-related debt products would go bad.
What is the psychological pattern operating in any gambler (or addict for that matter)? The gambler focuses their mind more and more on winning, and ignores the common-sense knowing that the odds are stacked against them. In the back of their minds they know they can’t win, but they have to ignore this. They ignore this because they need to focus on winning. They need to focus on winning because there is an underlying emotional issue that they cannot face. When the gambler inevitably loses, they get a little taste (or wave) of the overwhelming emotional sea that they dare not jump into. In time the addict or gambler can develop the skills, understanding, and most importantly awareness, to tackle what lies hidden in the basement of their mind.
When people in the developed countries the world over accumulate massive levels of debt they do so out of compulsion - this refers to consumer (credit card) debt and household debt, business debt, and government debt. If when I am sitting in my little granny-flat staring at a furniture-less wall, I go crazy. Hence what I do is pick up one of the credit-card brochures lying around, I go out, and I buy a plasma television. Now on those lonely nights I simply stare at the blaring screen in order to both occupy and numb my mind. A zen monk on retreat simply stares open-eyed at a wall. In time (and in fact in a very short time) the wall becomes the mirror to see what lies just beneath your usual waking mental state. A zen master may well watch television, but has seen all the shows on their inner-tv.
No doubt up to a certain level the basic stuff of modern life contributes to wellness of being. However the golf tripping, spa resort frolicking financial executives that are the pillars of financial deconstruction are addicted to indulgence. I recall one such executive saying that he recently had the worst week of his life. Now he was not talking about the state of his bank account. He was talking about his emotional state; he was talking about his very own personal depression.
Am I getting you lost here?
Economic growth is the very foundation of modern society, so it seems anyway. If the world goes into a global recession, or perhaps a global depression, why is this occurring? Here it might help by recalling that strategic tipsters backed the African continent (and not Asia) to become the great emerging economic giant of the 20th century. Rather than prospering, Africa however slipped into decades of violence, destruction, and genocide. Asian countries on the other hand became the developing potential superpowers.
Why were the tipsters wrong? Africa had the potential to prosper. It had the natural resources, the people, and the technology (especially if it harnessed the technology gains from other parts of the world) to create a prosperous society. At both an individual and collective level, the ability to create a vibrant and harmonious social web gave way to violence and destruction. At both the individual and collective level, a vast body of emotional discontent (rage) that was lurking in the unconscious, came to the surface. In a domino effect one persons rage can infect a village, a village can affect a region, a region a country, a country a continent.
The theme of a spreading emotional darkness is juxtaposed historically by the moral fabric of society. The minds of people have the intellectual understand of what is essentially right and wrong ingrained in them. What can make a moral code deeper is the understanding, rather than just the repetition, of what is right and wrong. What can foster this understanding is the nurturing of human consciousness. A meditator instrinsically develops the capacity to distinguish between right and wrong, between good and bad.
An individual that cultivates their own consciousness does two things. Firstly, as mentioned, an understanding develops about morals, about ethics, about values. Secondly the more a person becomes conscious (aware) the more they create a separation from what they are observing. And when a person can detach themselves from the emotion that is going on inside them, they are less involved or caught up in this emotion. They can see that for example the anger, although remarkably unpleasant, is a passing emotional state. Society can provide the tools to help people express this emotion in a safe and perhaps even creative (rather than destructive) way. Traditional meditation already provides the tools to observe the emotions if they are not excessively strong for any particular person at that time.
America is considered a modern superpower. It is also projected to slide into recession, and is fighting to stave off a repeat of the Great Depression. However if I were to travel to America, I would still see all the basic stuff that creates a galloping economic growth rate. All the basic stuff is still there! There are all the raw materials are still there. All the people are still there. All the technology that explains how to put the raw material together to create a great society is still there.
While all the people are there, what is their individual and collective mental capacity? Some of the intellectual geniuses of Wall Street no doubt had high IQ’s. However some of their decisions showed profound lack of intelligence and foresight. Also, now that they can not preoccupy their mind with financial work, some of them will be hitting the drink to stave of their personal depression. If I were to test the IQ of an unemployment Wall Street financial wizard the morning after a binge, I think the results would be pitiful. In order to ignore his or her own personal issues, this person has gone down the road of financial destruction that reverberates around the country and the world - at financial, economic, and social levels.
If any group of people go down the path of collective greed, then when they finally see the possibility that this may end, fear strikes. Ultimately the fear is that they have to face what they have been avoiding: themselves. Deep down, every single person has a sense of what is in their unconscious. When a magnetic and collective wave of fear occurs, the end result is a collective depression: for example the Great Depression.
Whether or not the current global recession turns out to be global Great Depression 2.0 is primarily based what is in the collective unconscious: the sum total of all the stuff we carry around inside us that we are not able, or are not willing, to see.
On a brighter note, it does not have to turn out this way. As mentioned there are tools that can be employed. Also, society is currently geared in a way that puts the preeminent focus on gross domestic product (GDP) and economic growth. A counterpart needs to be developed that acknowledges the deeper aspects of what it is to be human. Sure life would be (and is) tough without the basics of life that many people take for granted: hygienic food, sanitized water, adequate shelter, sewerage removal systems, and education and health care facilities. However beyond this an increase in material well-being does not necessarily equate with an increase in overall well-being - and often leads to an inverse relationship: obesity for example.
The indicator of GDP should have a counterpart called OWB (Overall Well-Being). OWB essentially explores the subtleties of what it is to be human: what it is to be civilized, and what it is to be spiritual or religious. When for example an economic recession or depression is looming, GDP may well spike. However OWB will take a serious nosedive. After a little while people dust themselves off after the crash, forget about their share losses, and thank themselves that they are still alive. OWB starts to improve. People start developing the urge to reconnect with friends who are also hiding in their own personal depression. The urge to create a little bit out of the mess around them rekindles the spirit, and GDP starts its long steady move towards the next precipice. However this time, if society places more focus on factors other than just material or economic well-being, the fall won’t be so bad. Also, there are skills that people can develop that emphasise and contribute to overall well-being. People can learn how to express and even watch the emotional stuff that stunts their creativity, their intelligence, and their spirit.
The focus on economic growth and consumerism becomes a self-fulfilling tragedy. Emphasise the material, and people focus more on the material to avoid the immaterial emptiness. Filling peoples hearts and nourishing their souls cannot be without the values and freedoms that are the cornerstone of any modern and democratic society. However this is just the foundation. A great tower is not built simply by putting foundations on top of the foundation. Such a construction simply collapses under its own weight. The modern social structure will become a highrise as the emphasis moves towards empathy and compassion towards fellow humans and the world at large. Examples of this are the focus on workplace and occupational health and safety; acknowledging and addressing mental health needs; and confronting the degradation of the planet from pollution. The upper floors of the grand towers of post-modern society are not burdened with concrete and steel. They are filled with flowers and mirrors and singing and dancing.
Firstly lets take a look at personal psychology. The term recession seems to not have the same psychological association as depression does, however they are of the same nature. If you take a look at what is driving stock-markets and investors helter skelter, experts repeatedly say that the behaviour does not fit with fundamentals. Also, a little bit of good or bad news tends to go a long way. People are literally in a manic emotional state.
Take a look at the behaviour pattern of financial executives. Essentially they have for years been prepared to take on increased (even absurd) risk for the sake of additional profits. The downside possibility would know doubt have been in the back of their minds, but ignored. Some of these financial executives decided to hedge their bets by taking out insurance: credit default swaps. However the contagion consumed this cautiousness because the people giving out insurance ignored the possibility that they might have to pay out an insurance claim. It is like giving out fire insurance with the idea that money can be made because fires never happen. Insurance brokers however argue that they were covering financial products that will never get burnt, let alone destroyed, by fire. To this there is a very simple response. Why on earth would companies actually pay out millions and billions and trillions of dollars for insurance cover if there was no credible underlying risk? The very fact of the existence of a voluminous credit default swap market is proof that financial executives knew, but in general ignored, the underlying risk that mortgage-related debt products would go bad.
What is the psychological pattern operating in any gambler (or addict for that matter)? The gambler focuses their mind more and more on winning, and ignores the common-sense knowing that the odds are stacked against them. In the back of their minds they know they can’t win, but they have to ignore this. They ignore this because they need to focus on winning. They need to focus on winning because there is an underlying emotional issue that they cannot face. When the gambler inevitably loses, they get a little taste (or wave) of the overwhelming emotional sea that they dare not jump into. In time the addict or gambler can develop the skills, understanding, and most importantly awareness, to tackle what lies hidden in the basement of their mind.
When people in the developed countries the world over accumulate massive levels of debt they do so out of compulsion - this refers to consumer (credit card) debt and household debt, business debt, and government debt. If when I am sitting in my little granny-flat staring at a furniture-less wall, I go crazy. Hence what I do is pick up one of the credit-card brochures lying around, I go out, and I buy a plasma television. Now on those lonely nights I simply stare at the blaring screen in order to both occupy and numb my mind. A zen monk on retreat simply stares open-eyed at a wall. In time (and in fact in a very short time) the wall becomes the mirror to see what lies just beneath your usual waking mental state. A zen master may well watch television, but has seen all the shows on their inner-tv.
No doubt up to a certain level the basic stuff of modern life contributes to wellness of being. However the golf tripping, spa resort frolicking financial executives that are the pillars of financial deconstruction are addicted to indulgence. I recall one such executive saying that he recently had the worst week of his life. Now he was not talking about the state of his bank account. He was talking about his emotional state; he was talking about his very own personal depression.
Am I getting you lost here?
Economic growth is the very foundation of modern society, so it seems anyway. If the world goes into a global recession, or perhaps a global depression, why is this occurring? Here it might help by recalling that strategic tipsters backed the African continent (and not Asia) to become the great emerging economic giant of the 20th century. Rather than prospering, Africa however slipped into decades of violence, destruction, and genocide. Asian countries on the other hand became the developing potential superpowers.
Why were the tipsters wrong? Africa had the potential to prosper. It had the natural resources, the people, and the technology (especially if it harnessed the technology gains from other parts of the world) to create a prosperous society. At both an individual and collective level, the ability to create a vibrant and harmonious social web gave way to violence and destruction. At both the individual and collective level, a vast body of emotional discontent (rage) that was lurking in the unconscious, came to the surface. In a domino effect one persons rage can infect a village, a village can affect a region, a region a country, a country a continent.
The theme of a spreading emotional darkness is juxtaposed historically by the moral fabric of society. The minds of people have the intellectual understand of what is essentially right and wrong ingrained in them. What can make a moral code deeper is the understanding, rather than just the repetition, of what is right and wrong. What can foster this understanding is the nurturing of human consciousness. A meditator instrinsically develops the capacity to distinguish between right and wrong, between good and bad.
An individual that cultivates their own consciousness does two things. Firstly, as mentioned, an understanding develops about morals, about ethics, about values. Secondly the more a person becomes conscious (aware) the more they create a separation from what they are observing. And when a person can detach themselves from the emotion that is going on inside them, they are less involved or caught up in this emotion. They can see that for example the anger, although remarkably unpleasant, is a passing emotional state. Society can provide the tools to help people express this emotion in a safe and perhaps even creative (rather than destructive) way. Traditional meditation already provides the tools to observe the emotions if they are not excessively strong for any particular person at that time.
America is considered a modern superpower. It is also projected to slide into recession, and is fighting to stave off a repeat of the Great Depression. However if I were to travel to America, I would still see all the basic stuff that creates a galloping economic growth rate. All the basic stuff is still there! There are all the raw materials are still there. All the people are still there. All the technology that explains how to put the raw material together to create a great society is still there.
While all the people are there, what is their individual and collective mental capacity? Some of the intellectual geniuses of Wall Street no doubt had high IQ’s. However some of their decisions showed profound lack of intelligence and foresight. Also, now that they can not preoccupy their mind with financial work, some of them will be hitting the drink to stave of their personal depression. If I were to test the IQ of an unemployment Wall Street financial wizard the morning after a binge, I think the results would be pitiful. In order to ignore his or her own personal issues, this person has gone down the road of financial destruction that reverberates around the country and the world - at financial, economic, and social levels.
If any group of people go down the path of collective greed, then when they finally see the possibility that this may end, fear strikes. Ultimately the fear is that they have to face what they have been avoiding: themselves. Deep down, every single person has a sense of what is in their unconscious. When a magnetic and collective wave of fear occurs, the end result is a collective depression: for example the Great Depression.
Whether or not the current global recession turns out to be global Great Depression 2.0 is primarily based what is in the collective unconscious: the sum total of all the stuff we carry around inside us that we are not able, or are not willing, to see.
On a brighter note, it does not have to turn out this way. As mentioned there are tools that can be employed. Also, society is currently geared in a way that puts the preeminent focus on gross domestic product (GDP) and economic growth. A counterpart needs to be developed that acknowledges the deeper aspects of what it is to be human. Sure life would be (and is) tough without the basics of life that many people take for granted: hygienic food, sanitized water, adequate shelter, sewerage removal systems, and education and health care facilities. However beyond this an increase in material well-being does not necessarily equate with an increase in overall well-being - and often leads to an inverse relationship: obesity for example.
The indicator of GDP should have a counterpart called OWB (Overall Well-Being). OWB essentially explores the subtleties of what it is to be human: what it is to be civilized, and what it is to be spiritual or religious. When for example an economic recession or depression is looming, GDP may well spike. However OWB will take a serious nosedive. After a little while people dust themselves off after the crash, forget about their share losses, and thank themselves that they are still alive. OWB starts to improve. People start developing the urge to reconnect with friends who are also hiding in their own personal depression. The urge to create a little bit out of the mess around them rekindles the spirit, and GDP starts its long steady move towards the next precipice. However this time, if society places more focus on factors other than just material or economic well-being, the fall won’t be so bad. Also, there are skills that people can develop that emphasise and contribute to overall well-being. People can learn how to express and even watch the emotional stuff that stunts their creativity, their intelligence, and their spirit.
The focus on economic growth and consumerism becomes a self-fulfilling tragedy. Emphasise the material, and people focus more on the material to avoid the immaterial emptiness. Filling peoples hearts and nourishing their souls cannot be without the values and freedoms that are the cornerstone of any modern and democratic society. However this is just the foundation. A great tower is not built simply by putting foundations on top of the foundation. Such a construction simply collapses under its own weight. The modern social structure will become a highrise as the emphasis moves towards empathy and compassion towards fellow humans and the world at large. Examples of this are the focus on workplace and occupational health and safety; acknowledging and addressing mental health needs; and confronting the degradation of the planet from pollution. The upper floors of the grand towers of post-modern society are not burdened with concrete and steel. They are filled with flowers and mirrors and singing and dancing.
English to Chinese BETA
English to French
English to German
English to Italian
English to Japanese BETA
English to Korean BETA
English to Russian BETA 
English to Spanish