It's been a while since I've talked about John Xenakis, the founder of Generational Dynamics, and his theories.
Generational Dynamics explains the flow of history as stemming from the flow of human generations. The dreams and fears of each generation are shaped by their experiences as young children--growing up amidst privation, a generation learns risk avoidance, and to "save for a rainy day". Growing up amidst plenty, a generation becomes highly tolerant of risky behavior, not having experienced its downside.
As each generation matures and assumes leading positions in society, business, and politics, their deep-seated attitudes end up controlling, to a large extent, how entire nations operate internally, and how they interact with other nations around the world.
Unlike other theories of history, Xenakis' Generational Dynamics explains why the stock market took a dramatic upswing in 1995--not 1980, not 1990, not 2000, but 1995--and has remained well above where non-generational forces would put it today. (According to Xenakis, the stock market is about twice the value it should be, and is destined to suffer a massive and long-lived crash in the near future.)
The generational cycles of history--major, genocidal crisis was separated by 60-80 years--are explained simply and clearly by generational dynamics. And unfortunately for us, our last crisis war was seventy years ago.
Learn more about the theory, its founder, and what it tells us about what is happening today and why in this podcast.
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