Showing posts with label Crowd psychology. Show all posts
Showing posts with label Crowd psychology. Show all posts

Thursday, November 23, 2017

Don"t Just Give Thanks. Pay It Forward One Act Of Kindness At A Time

Authored by John Whitehead via The Rutherford Institute,


It’s been a hard, heart-wrenching, stomach-churning kind of year filled with violence and ill will.


It’s been a year of hotheads and blowhards and killing sprees and bloodshed and takedowns.


It’s been a year in which tyranny took a step forward and freedom got knocked down a few notches.


It’s been a year with an abundance of bad news and a shortage of good news.


It’s been a year of too much hate and too little kindness.


Now we find ourselves approaching that time of year when, as George Washington and Abraham Lincoln proclaimed, we’re supposed to give thanks as a nation and as individuals for our safety and our freedoms.


It’s not an easy undertaking.


How do you give thanks for freedoms that are constantly being eroded? How do you express gratitude for one’s safety when the perils posed by the American police state grow more treacherous by the day? How do you come together as a nation in thanksgiving when the powers-that-be continue to polarize and divide us into warring factions?


It’s not going to happen overnight. Or with one turkey dinner. Or with one day of thanksgiving.


Thinking good thoughts, being grateful, counting your blessings and adopting a glass-half-full mindset are fine and good, but don’t stop there.


This world requires doers, men and women (and children) who will put those good thoughts into action.


It says a lot (and nothing good) about the state of our world and the meanness that seems to have taken center stage that we now have a day (World Kindness Day) devoted to making the world more collectively human in thoughts and actions. The idea for the day started after a college president in Japan was mugged in a public place and nobody helped him.


Unfortunately, you hear about these kinds of incidents too often.


This is how evil prevails: when good men and women do nothing.


By doing nothing, the onlookers become as guilty as the perpetrator.


It works the same whether you’re talking about kids watching bullies torment a fellow student on a playground, bystanders watching someone dying on a sidewalk, or citizens remaining silent in the face of government atrocities.


There’s a term for this phenomenon where people stand by, watch and do nothing—even when there is no risk to their safety—while some horrific act takes place (someone is mugged or raped or bullied or left to die): it’s called the bystander effect.


Historically, this bystander syndrome in which people remain silent and disengaged—mere onlookers—in the face of abject horrors and injustice has resulted in whole populations being conditioned to tolerate unspoken cruelty toward their fellow human beings.


So what can you do about this bystander effect?


Be a hero, suggests psychologist Philip Zimbardo.


Be an individual. Listen to your inner voice. Take responsibility.


Recognize injustice. Don’t turn away from suffering.


Refuse to remain silent. Take a stand. Speak up. Speak out.


“I swore never to be silent whenever and wherever human beings endure suffering and humiliation,” stated Holocaust Elie Wiesel in his Nobel Peace Prize acceptance speech in 1986.


 


“We must always take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented. Sometimes we must interfere.”



Unfortunately, as I make clear in my book Battlefield America: The War on the American People, too many Americans have opted to remain silent when it really matters while instead taking a stand over politics rather than human suffering.


That needs to change.


I don’t believe people are inherently monsters. We just need to be more conscientious and engaged and helpful.


The Good Samaritans of this world don’t always get recognized, but they’re out there, doing their part to push back against the darkness.


For instance, earlier this year in Florida, a group of 80 people formed a human chain in order to rescue a family of six—four adults and two young boys—who were swept out to sea by a powerful rip current in Panama City Beach. One by one, they linked hands and stretched as far as their chain would go. One by one, they rescued those in trouble and pulled each other in.


There’s a moral here for what needs to happen in this country if we only can band together and prevail against the riptides that threaten to overwhelm us.


Here’s what I suggest.


Instead of just giving thanks this holiday season with words that are too soon forgotten, why not put your gratitude into action with deeds that spread a little kindness, lighten someone’s burden, and brighten some dark corner?


I’m not just talking about volunteering at a soup kitchen or making a donation to a charity that does good work, although those are fine things, too.


What I’m suggesting is something that everyone can do no matter how tight our budgets or how crowded our schedules.


Pay your blessings forward.


Engage in acts of kindness. Smile more. Fight less.


Focus on the things that unite instead of that which divides. Be a hero, whether or not anyone ever notices.


Do your part to push back against the meanness of our culture with conscious compassion and humanity. Moods are contagious, the good and the bad. They can be passed from person to person. So can the actions associated with those moods, the good and the bad.


Even holding the door for someone or giving up your seat on a crowded train are acts of benevolence that, magnified by other such acts, can spark a movement.


Imagine a world in which we all lived in peace.


John Lennon tried to imagine such a world in which there was nothing to kill or die for, no greed or hunger. He was a beautiful dreamer whose life ended with an assassin’s bullet on December 8, 1980.


Still, that doesn’t mean the dream has to die, too.


There’s something to be said for working to make that dream a reality. As Lennon reminded his listeners, “War is over, if you want it.”


The choice is ours, if we want it.









Wednesday, June 21, 2017

Update:Project $1550 Gold Hints a Bottom is Near (But We're Nervous)

$1247 gets you $1220, but above  $1214 and the $1550 target is still in play


via Soren K. Group for Marketslant


It should be noted that we are concerned that Gold under $1247 gets us to $1220. But the wave count we have been following says that a sell-off above $1214 still keep it intact. It is just hard for us to buy dips on short term trades. We"d rather buy a bounce off the lows. But as long as Gold remains above $1214 both the wave  count and our own feel corroborate each  other. It is just a matter of a person"s time frame.



Chart HERE


The only other thing we can  add to the excellent analysis below is that there is now a double  bottom on the 30 minute chart. That is something we like to buy with a stop out right below that level for a bounce swing trade in a bearish mindset. it would be nice if what we see as a swing trade  is in fact really a bottom as Enda says it could be.- Fay Dress writing for SKG


GOLD bullish at 3 degrees of trend


via Enda Glynn and Bullwaves.org


My Bias: Long towards 1550
Wave Structure: ZigZag correction to the upside.
Long term wave count: Topping in wave (B) at 1550
Important risk events: USD: Existing Home Sales, Crude Oil Inventories. 


Downside momentum in GOLD has now flatlined after todays sideways action.
Wave "ii" brown is now likely complete at the lows of the day of 1241.23.


Remember this market has now completed a rally and decline to higher lows at three degrees of trend over the last six months.
I believe we are now on the cusp of a serious acceleration higher in the GOLD price.


The momentum situation is very bullish again on all three charts.
And this setup coupled with the bullish wave count
should make even the most skeptical onlooker sit up and take notice.


Wave "iii" brown will begin with a break of 1259.09 and a correction to a higher low.
I have shown that possible rise as waves "1" and "2" pink.


For tomorrow;
Look for signs of a turn higher,
And an Elliott wave buy signal off the lows.


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4 Hours



Daily


More analysis at Bullwaves.org


Previously:

Saturday, June 17, 2017

"Lynching Epidemic" Breaks Out In Venezuela

The public-safety infrastructure in Venezuela has been degraded to such a degree that citizens now take justice into their own hands. Agence France Presse reported that lynchings have risen sharply over the last year and a half as political and economic instability in the crumbling socialist republic has worsened. Witnesses who spoke to AFP said a 22-year-old man who was set on fire at an anti-government demonstration in May was actually lynched after being accused of stealing by the crowd - not because he was a government sympathizer, as President Nicolas Maduro had suggested at the time.


As AFP alleges, "it is not just the country"s economy and political system that are sick, but society itself, experts say. An epidemic of lynchings is one of the most gruesome symptoms."


The OVCS says some 60 people were recorded as killed in lynchings in the first five months of this year alone. Last year there were 126 such killings -- a surge from the 20 reported in the previous year, coinciding with the worsening of political tensions and economic chaos.





"Their aim is to kill the person before the police arrive," says Marco Ponce, coordinator of the Venezuelan Social Conflict Observatory (OVCS).



"In lynchings, citizens let out their anger in the face of a state that is not defending their right to justice," says Ponce.



"They think they are dispensing justice, and they do so with anger, so they go as far as killing the person."



Residents blame the breakdown in social order that’s resulted from Venezuela’s worsening economic crisis. In the capital Caracas, the army and police are focused on brutally suppressing the street protests that have become a daily occurrence in recent months. Meanwhile, the dire financial straits of the country’s residents, who are struggling with inflation rates as high as 10,000%, have caused crime to skyrocket.


AFP journalists witness one incident on a street in Caracas where a mob attacked a man after passers-by caught him stealing.


Swearing in fury, the crowd strips the man naked and stomps on his head as he sprawls on the ground.





"You want things that come easy? Then take this, you bastard."



A witness says he stopped the man who had tried to rob a woman at gunpoint in a bakery. Then the mob took over.





"You"re lucky we didn"t burn you," a voice yells, as police lug the man, limp but still breathing, into the back of their car.



The crowd yells in satisfaction -- but not at the man"s arrest. They think they are the ones who have done justice here.
 




One Caracas resident, Damaso Velasquez, described taking part in a lynching. He argued that the mob must dole out street justice because the police don’t do enough to hold criminals accountable.





"I didn"t feel pity for that person because I knew he was a criminal," he tells AFP.



"I felt rage and hatred towards that person... I saw him committing a robbery. That makes you feel furious, so whatever happens to him, it"s alright," he goes on.



"The government grabs him, puts him in jail and then they let him go again. There is disorder here in Caracas -- starting with the government."



“People feel that the state is not protecting them, so they opt to defend themselves," says Freddy Crespo, a criminologist at the University of the Andes.



"Their fear turns into anger."



Venezuela now has one of the highest annual murder rates in the world -- 70 for every 100,000 inhabitants in 2016. Yet only about six crimes out of every 100 here result in a sentence. Still, at least one Venezuelan felt the need to speak out against the brutality.





"The state is supposed to provide you with civil and judicial security, which we are totally lacking," says one Caracas resident, Maria Hernandez.


"But I don"t think it is just for me to come and kill or burn you just because you have robbed," she adds.


"That way I would turn into someone more barbaric than you."



From "socialist utopia" to Mad Max in a few short years... any thoughts now Bernie?

Wednesday, June 7, 2017

GOLD $80 OFF LOWS MAY BE 'TIP OF ICEBERG', BUT BEWARE THE YEN

Summary
via the Soren K. Group and Marketslant


  • The Yen is showing signs of being too strong vs the USD and a reversal is looking likely

  • Gold and the Yen have a strong positive correlation to each other when itcomes to their performance vs the USD

  • If the Yen reverses, itwill put a damper on  Gold"s rally

  • A pullback in Gold is not unhealthy

  • The longer term  chart still has Gold on a path to $1370 and $1550 so far.

  • Buying dips in Gold above $1245 and $1217 is preferred now given the previous comments

  • Bonus:
    Given the unrest in the Middle and Far East, we also could see a
    decoupling of the "what"s good for the Yen is good for Gold" concept.

Make Sense?


Gold Today:


“The desire for gold is the most universal and deeply rooted commercial
instinct of the human race.” So said Gerald M. Loeb, founding partner of
Wall Street brokerage E.F. Hutton & Co. and “the most quoted man on
Wall Street” according to Forbes, in his 1935 book The Battle for Investment Survival.



Latest prices HERE


And here is Grant"s Interest Rate Observer on the 6 year bear breakout chart making the rounds.





Spot gold rose to its highest levels since November near $1,295 per ounce, good for a 13% gain so far in 2017.


In so doing, the yellow metal broke a technical downtrend that has been in place since its September 2011 peak of $1,900 per ounce, according to Sheba Jafari of Goldman Sachs. Still, true believers don’t have too much to be excited about as yet, gold’s weekly average price over the past five years of about $1,314 per ounce is 1.5% higher than current levels.


The pep in the yellow metal may be evidence of market fear rather than reflationary exuberance. The Chinese Gold and Silver Society Exchange expects 2017 mainland gold imports to increase by 50% from the prior year, amidst increased safe haven demand. Likewise, the Japanese yen sits at its strongest level against the greenback in nearly six weeks in another sign of retrenching risk appetite.


Stateside, the spread between two- and ten-year U.S. Treasury note yields has narrowed to around 85 basis points, its lowest since September: Steepness, or lack thereof in the Treasury curve, has historically signified market expectations for economic growth.



The Chart in Question:



So what is the deal?


First the Bad News: USDJPY on the verge of another big move and that is bad for Gold


Background: The chart below shows a rally in the YEN as meaning it takes less YEN to buy a USD.  It shows the parallel between Yen buying strength and Gold buying strength. Gold and the JPY share a high positive correlation when it comes to their relationship to the USD. In fact, more so than any other major paper currency last we checked.



We wrote the following last week  as one possible explanation  of the high correlation between the YEN  and Gold.





 There are several potential reasons for the eerie parallel between JPY and Gold. One simple one is this. In Asia, the JPY is viewed as the most stable regional currency. The Yen is viewed as the USD of the far east. So when Chinese and other Asian players seek safety, they buy Gold and Yen as well as USD (especially) if the crisis is EU based. We feel as the Asian Cartel picks up more strength and the USD Petrodollar becomes less powerful, this JPY/ Gold positive correlation will strengthen more.



Read  more from that post:  Gold Ready to Rocket


But now the Yen May be Poised to Weaken vs the USD


Now it seems the YEN is poised for a big move; specifically a weakening vs the USD. The  wave counts are calling for a possible numerical rally in the USD/JPY.  It means the yen may now weaken vs.the USD.  If that is true, then Gold longs should take note. Gold could pull back. 


 That said, nothing here suggests a Gold pullback  is not a buy. Just that if the Yen chart rallies (weakens vs.the USD), one leg of Gold"s rally table will be kicked out. The EW charts below imply that JPy above 110 and Gold may not hold.


The Yen is oversold numerically at 109 (overly strong vs the USD). The call here is for a possible reversal which would mean  a numerical rally in the Yen to potentially 136. This is a weakening vs.the USD. Remember our chart at top shows that a rally in the YEN means a lower numerical number. The charts to follow are inverted. The analysis below is solid. Our only caveat is that picking tops and bottoms with EW is not easy. Oversold can remain this way for some time. Got it?


The Good News: Gold"s Rally May be Tip of Iceberg


Since calling the low in wave (ii) blue at 1214, the price is now up $80 dollars! [Edit - indeed, not an easy feat in EW]
That"s not a bad haul in itself, but I think its just the tip of the iceberg for whats to come here.


We"ve only Just Begun?



What do the chart tea leaves tell us?


ELLIOT WAVE ANALYSIS


Via Bullwaves.org


USDJPY


My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: Final GDP q/q. USD: Crude Oil Inventories.


The price declined again today as called for by last nights wave count.
The target at 10940 was met, todays low so far reached 109.22.
The declining trend channel suggests one more decline to meet the line once more.
That could happen at about 108.70,
at which point the price would be perilously close to the lower invalidation line at 108.127.


At the moment we have a significant bullish divergence evident in MACD on the 4hr chart.
This is a setup very similar to early April which yielded a 600 point rally!
The wave count is now calling for another significant rally in wave [iii] grey.
And the price is sitting at a higher low with extreme oversold levels on display.
We are on the verge of a big move here if the wave count proves correct.


For tomorrow, watch for signs of a turn up again.
A break of resistance at 110.23 again will be the first sign that the rally has begun.


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4 Hours



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GOLD


Let"s take a look at Enda"s Elliot Wave Update written last night. And it is still spot on


My Bias: Long towards 1550
Wave Structure: ZigZag correction to the upside.
Long term wave count: Topping in wave (B) at 1550
Important risk events: USD: Crude Oil Inventories.


Today"s further rally in GOLD has bolstered the idea that wave "iii" brown is underway.
I have altered the short term count to show today"s high as the high of wave "1" pink.


Since calling the low in wave (ii) blue at 1214, the price is now up $80 dollars! [Edit - indeed, not an easy feat in EW]
That"s not a bad haul in itself, but I think its just the tip of the iceberg for whats to come here.


Now the price has reached the upper trendline of the rising trend channel,
the price should begin to use that upper line as support rather that resistance.
A minor correction in wave "2" pink i now called for,
but the lows at 1277 should support the rally.
A further break of today"s high will signal wave "3" pink is underway.


30 min



4 Hours



Daily



DOW JONES INDUSTRIALS


30 min



4 Hours



Daily



My Bias: market topping process ongoing
Wave Structure: Impulsive 5 wave structure, possibly topping in an all time high.
Long term wave count: Topping in wave (5)
Important risk events: USD: Crude Oil Inventories.


It looks like wave "2" blue could be complete at todays lows.
The declines today look corrective and fit well with last nights wave count.
The target for wave "2" was set at 21116, and the low of the day reached 21117!
21117 is also the Fibonacci 38.2% retracement level,
so the chances of a new rally in wave "3" are quite good now.


The price has bounced in an impulsive fashion off that low, wave "3" may already be underway.
For tomorrow, watch that low at 21117, it should hold from here.
But any break will simply mean wave "2" is extending in a more complex wave form.
A break of today"s high at 21178 will add weight to the idea that wave "3" is underway.


Read more by Enda Glynn

Monday, February 27, 2017

Of Bread And Circuses

Originally authored by Admiral Ben Moreell on January 1st, 1956; via The Burning Platform blog,


A twentieth-century repetition of the mistakes of ancient Rome would be inexcusable. Rome was eight and a half centuries old when the poet, Juvenal, penned his famous tirade against his degenerate countrymen. About 100 A.D. he wrote: “Now that no one buys our votes, the public has long since cast off its cares; the people that once bestowed commands, consulships, legions and all else, now meddles no more and longs eagerly for just two things, bread and circuses.” (Carcopino, Daily Life in Roman Times [New Haven, Yale University Press, 1940], p. 202.) Forty years later, the Roman historian, Fronto, echoed the charge in more prosaic language: “The Roman people is absorbed by two things above all others, its food supplies and its shows.” (Ibid.)


Here was a once-proud people, whose government had been their servant, who had finally succumbed to the blandishments of clever political adventurers. They had gradually relinquished their sovereignty to government administrators to whom they had granted absolute powers, in return for food and entertainment. And the surprising thing about this insidious progression is that, at the time, few realized that they were witnessing the slow destruction of a people by a corruption that would eventually transmute a nation of self-reliant, courageous, sovereign individuals into a mob, dependent upon their government for the means of sustaining life.


There are no precise records that describe the feelings of those for whom the poet, Juvenal, felt such scorn. But using the clues we have, and judging by our own experience, we can make a good guess as to what the prevailing sentiments of the Roman populace were. If we were able to take a poll of public opinion of first and second century Rome, the overwhelming response would probably have been—“We never had it so good.” Those who lived on “public assistance” and in subsidized rent-free or low-rent dwellings would certainly have assured us that now, at last, they had “security.” Those in the rapidly expanding bureaucracy—one of the most efficient civil services the world has ever seen—would have told us that now government had a “conscience” and was using its vast resources to guarantee the “welfare” of all of its citizens; that the civil service gave them job security and retirement benefits; and that the best job was a government job! Progressive members of the business community would have said that business had never been so good, that the government was their largest customer, which assured them a dependable market, and that the government was inflating currency at about 2 per cent a year, which instilled confidence and gave everyone a sense of well-being and prosperity.


And no doubt the farmers were well pleased too. They supplied the grain, the pork and the olive oil, at or above parity prices, for the government’s doles.


The government had a continuous program of large-scale public works which were said to stimulate the economy, provide jobs and promote the general welfare, and which appealed to the national pride.


The high tax rates required by the subsidies discouraged the entrepreneur with risk capital which, in turn, favored the well-established, complacently prosperous businessman. It appears that there was no serious objection to this by any of the groups affected. An economic historian, writing of business conditions at this period, says, “The chief object of economic activity was to assure the individual, or his family, a placid and inactive life on a safe, if moderate, income . . . . There were no technical improvements in industry after the early part of the second century.” There was no incentive to venture. Inventions began to dry up because no one could reasonably expect to make a profit out of them.


Rome was sacked by Alaric and his Goths in 410 A.D. But long before the barbarian invasions, Rome was a hollow shell of the once noble Republic. Its real grandeur was gone and its people were demoralized. Most of the old forms and institutions remained. But a people whose horizons were limited by bread and circuses had destroyed the spirit while paying lip service to the letter of their once hallowed traditions.


The fall of Rome affords a pertinent illustration of the observation by the late President Lowell of Harvard University that “no society is ever murdered—it commits suicide.”


I do not imply that bread and circuses are evil things in themselves. Man needs material sustenance and he needs recreation. These needs are so basic that they come within the purview of every religion. In every religion there is a harvest festival of thanksgiving for good crops. And as for recreation, we need only recall that our word “holiday” was originally “holy day,” a day of religious observance. In fact, the circuses and games of old Rome were religious in origin. The evil was not in bread and circuses, per se, but in the willingness of the people to sell their rights as free men for full bellies and the excitement of the games which would serve to distract them from the other human hungers which bread and circuses can never appease. The moral decay of the people was not caused by the doles and the games. These merely provided a measure of their degradation. Things that were originally good had become perverted and, as Shakespeare reminds us, “Lilies that fester smell far worse than weeds.”


More than fifty years ago, the great historian of Rome, Theodore Mommsen, came to our country on a visit. At a reception in his honor, someone asked him, “Mr. Mommsen, what do you think of our country?” The great scholar replied, “With two thousand years of European experience before your eyes, you have repeated every one of Europe’s mistakes. I have no further interest in you.”


One wonders what Mommsen would say today in the light of the increasingly rapid destruction of our traditional values during the past 25 years.


Many of our people have been converted to the idea that liberty has been tried and found wanting, just as many believe that Christianity has been tried and found wanting. They do not know that what has been found wanting is not the true values of liberty and religion but only perversions, worthless counterfeits. So when we urge upon them those true values, they shy away. They have been fooled before, so they want to try something which they think is “new.”


How far have we departed from our traditional values? There is no mystery here. It is well known that the basic policies of the two major political parties with respect to the intrusion of the State into the economic and social lives of the people differ only in degree and method. There is no discernible difference in fundamental principle. Prominent political figures of both parties pay lip service to the letter of our Declaration of Independence and Constitution, while they violate the spirit.


The proponents of an all-powerful centralized government have erected a bureaucratic colossus which imposes upon our people controls, regimentation, punitive taxation and subsidies to pressure groups, thus paralleling the “organized mendicancy, subvention, bureaucracy and centralization” which played so great a part in the downfall of Rome!


We are demoralized by an indecent competition. Each one denounces government handouts and privileges for the other fellow—but maintains that his special privilege is for the “general welfare.” The slogan of many of us seems to be, “Beat the other fellow to the draw”—i.e., “draw out of the public treasury more than you put in, before someone else gets it.”


I am no prophet of inevitable doom. On the contrary, I am sounding an alarm that disaster lies ahead unless present danger signals are heeded.


What specific steps should we take? I believe that neither I nor anyone else, no matter how exalted his position, can determine for 165 million people their day-to-day economic and social decisions concerning such matters as wages, prices, production, associations and others. So I propose that these decisions, and the problems connected therewith, be returned to the people themselves. This could be done in four steps, as follows:





First—Let us stop this headlong rush toward collectivism. Let there be no more special privileges for employers, employees, farmers, businessmen or any other groups. This is the easiest step of all. We need only refrain from passing more socialistic laws.



Second— Let us undertake at once an orderly demobilization of many of the existing powers of government by the progressive repeal of those socialistic laws which we already have. This will be a very difficult step because every pressure group in the nation will fight to retain its subsidies, monopoly privileges and protection. But if freedom is to live, all special privileges must go.



Third—Of the powers that remain in government, let us return as many as possible to the states. For on the local level, the people will be able to apply more critical scrutiny to the acts of their government agents.



Fourth—Above all, let us resolve that never again will we yield to the seduction of the government panderer who comes among us offering “bread and circuses,” paid for with our own money, in return for our sovereign rights!



*  *  *


Admiral Ben Moreell (1892 – 1978) was the chief of the U.S. Navy’s Bureau of Yards and Docks and of the Civil Engineer Corps. Best known to the American public as the Father of the Navy’s Seabees, Moreell’s life spanned eight decades, two world wars, a great depression and the evolution of the United States as a superpower. He was a distinguished Naval Officer, a brilliant engineer, an industrial giant and articulate national spokesman.

Sunday, January 29, 2017

Why Did The Media Fail So Badly In Its Efforts To Elect Hillary?

Submitted by Ryan McMaken via The Mises Institute,


Yesterday in Taki"s Magazine, David Cole suggested that maybe, just maybe, Hollywood isn"t as powerful in swaying public opinion as many people assume it is. 


This belief is shared not only by the "stars" of Hollywood itself — who naturally fancy themselves as great "thought leaders" — but also by conservatives themselves, including the late Andrew Breitbart. Breitbart, as Cole points out, was even rather obsessed with the issue, and harped on the need to create a right wing rival to Hollywood. 


Cole, however, wonders if this all is really based on an accurate appraisal of the situation. After all, if Hollywood is so good at convincing people of its own point of view, why is it that Republicans keep winning so many elections? Cole notes: 





But wait…even with all that Hollywood “interference,” didn’t we just win the last presidential election? Don’t we have the House and Senate, too? Haven’t we also won an unprecedented number of statewide legislative seats and governorships?



This doesn"t prove Hollywood has no effect on behavior and ideology, of course. But, it is entirely plausible that its power is not nearly as great as assumed. 


Indeed, when it comes to discussing the effects of marketing, messaging, advertising, and propaganda, "assumed" is certainly a key word. There are a great many assumptions being made, but precious little evidence to back these assumptions up. 


This appears to apply well beyond the field of mere Hollywood-created propaganda, as well. Both the legacy media and Hollywood gave full-throated endorsements to Hillary Clinton in 2016, and yet, the best Clinton managed was what can, at best, be called a tie with Donald Trump. 


It seems the media"s power may not be any more far-reaching than Hollywood"s. Moreover, given than both the media and Hollywood portray media journalists in only the best possible light over and over and over again, why is it that only 32 percent of Americans report that they trust the media? If the media wants to be trusted, shouldn"t they need do nothing more than simply tell us they"re trustworthy. After all, it must be true if we see it on TV. 


All it takes a slick ad campaign, we are told, and people will believe whatever you tell them to believe. 


The problem is that this has never been shown to be true.


There is growing evidence, it seems, that suggests the under-thirty demographic simply doesn"t respond to advertisements, and that brand loyalty is becoming virtually non-existent in an age when consumers rely more and more on third-party evaluators such as Yelp and Amazon to provide insight into whether or not a product is worth one"s time and money.


Many of these discussions about how ads don"t work anymore, however, continue to rely on what is probably an incorrect assumption — namely that advertisements have worked perfectly well in the past.


Indeed, the evidence has always been rather sketchy as to how much advertisers can actually influence the public"s thoughts about goods and services, and consumers have never been at the mercy of advertisers as many seem to think.



Do Tobacco Companies Trick Us Into Smoking? 


Nevertheless, our faith in the power of propaganda — and it"s non-political form, known as " advertising" — has long been nearly unshakable.


An often repeated anecdote used to support this view is the one in which we are told that the whole world opposed female use of cigarettes until some advertising campaigns convinced everyone to abandon their long-held social views and embrace tobacco for all. This story usually claims that Edward Bernays, the "father of public relations" devised ingenious advertising methods that manipulated people into abandoning their own existing value systems in favor of whatever advertisers put forward. 


But, as Bill Wirtz recently demonstrated, the rise of female smoking also accompanied enormous social changes brought on by the Great War and new physical and economic conditions imposed on women. Rather than revolutionizing social thought, as is often assumed to be the case with Bernays and the tobacco ads, it is also entirely plausible that Bernays simply rode the wave of social change. 


Indeed, Ludwig von Mises was certainly skeptical of the idea that advertisers are able to manipulate people into doing whatever the advertisers want. Mises writes





It is a widespread fallacy that skillful advertising can talk the consumers into buying everything that the advertiser wants them to buy. The consumer is, according to this legend, simply defenseless against "high-pressure" advertising. If this were true, success or failure in business would depend on the mode of advertising only.



However, nobody believes that any kind of advertising would have succeeded in making the candle makers hold the field against the electric bulb, the horse drivers against the motorcars, the goose quill against the steel pen and later against the fountain pen. But whoever admits this implies that the quality of the commodity advertised is instrumental in bringing about the success of an advertising campaign. Then there is no reason to maintain that advertising is a method of cheating the gullible public.



In other words, real-world conditions are a key factor in forming people"s ideas and attitudes, and simply telling them things isn"t enough. 


But what about when those tricky advertisers use more subtle methods such as subliminal messaging? Bernays himself was said to use these, and the issue of control-through-subliminal messages has long been popular, and perhaps peaked in conspiracy-themed popular culture of the 1960s and 70 — as with The Manchurian Candidate and The Parallax View — when characters were controlled by implanted thoughts and subliminal messages. On the other hand, according to Randall Rothenberg





[T]here was — and still is — little proof that these efforts to engineer action through manipulation of the unconscious led to any behavioral changes favorable to specific marketers. As for James Vicary"s experiment in subliminal advertising -- it was a hoax: Vicary later admitted that he hadn"t done what he"d claimed. Several subsequent studies of the effectiveness of embedded messages have shown it to be virtually impossible to use them to produce specific, predictable responses. Still, faith in the power of the media to induce millions of people to act contrary to their better judgment or conscious desires remains profound.



Indeed, even outside the realm of ultra-subtle messaging, the evidence has been contradictory. Rothenberg continues: 





Time and again researchers have found it difficult to correlate the content of advertising campaigns with long-term economic effects. Some advertising content, notably price and product information, undeniably moves consumers, but only temporarily and in limited numbers. The ability of advertising to persuade large masses of people to change their attitudes and induce action that permanently alters a company"s fortunes -- no one really knows how that works. In the conclusion to his 1942 study The Economic Effects of Advertising the Harvard professor Neil Borden reached a series of judgments that must have unsettled his industry sponsors. "Does advertising increase demand for individual concerns?" he asked. Sometimes yes, sometimes no. Does it affect production or distribution costs? "Indeterminate." Does it lead to a concentration of supply and anti-competitive pricing? Sometimes yes, sometimes no. 



This isn"t to say that advertising has no effect. It is fairly clear that it has an effect of some kind. But, those effects are often not what the crafters of the messages intended. Moreover, consumer behavior appears to correlate at least as much with real-world changes in physical and economic conditions as with the efforts of marketing executives. The Institute for Economic affairs reports:





[A]nother study confirmed what economists have always known. Looking at sales of alcoholic beverages in the US over 40 years, it found ‘changes significantly correlated to fluctuations in demography, taxation and income levels – not advertising. Despite other macro-level studies with consistent findings, the perception that advertising increases consumption exists. The findings here indicate that there is either no relationship or a weak one between advertising and aggregate category sales. 



So, did Bernays convince women to go against their own beliefs and start smoking? There"s no more reason to look to Bernays"s alleged marketing "genius" than to changes in income levels and urbanization rates among women in the 1920s. 


Now, some readers at this point may say, "well, McMaken, look at how successful Nazi propaganda was."


In this line of thinking, the advocate often trots out the often-used line of Hermann Göring: "The people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country."


Of course, if it were really as simple as Göring says it is, then Lyndon Johnson could have easily made himself and the Vietnam War both immensely popular just in time for re-election in 1968 by simply telling the American population that the Americans were in danger of being attacked by Communists. 


Now, there is no doubt that this line was used, and was believed by some in the population. But, the fact remains that many concluded that the real-world realities simply didn"t match up with what they were being told by government and media propagandists. 


Similarly, when the Obama Administration was advocating for more military action in Syria, why did the White House not just tell the population that the Syrian state was coming to get it, and that immediate action — including carpet bombing of the entire country — was necessary. In fact, the Adminstration hinted at this very thing, and failed to convince.


Maybe Göring "s tactics do work on an impoverished population ravaged by the Great War and hyper inflation, and poisoned with generations of Prussian militaristic ideology. But clearly, Göring"s methods to not work "the same way in every country" nor do they likely work even in the same country during different time periods.  


The weakness of elite propaganda was hard to ignore in 2016 when millions of voters chose to ignore the messages of Hollywood and the media and chose to not vote for Hillary — even though they were being told that the very existence of human decency and civilization were riding on their support for Clinton. 


We"re Not All Helpless in the Face of Propaganda 


A more balanced view of advertising and propaganda remains important today for two reasons. 


First of all, keeping a more sophisticated view of how opinion is shaped is important because it belies the often parroted line by anti-capitalists that consumers are mere putty in the hands of advertisers, and that wicked capitalists can convince consumers to do whatever the advertisers say. 


We are told by the anti-capitalists that everyone feels they must spend every last dime on consumer good such as expensive cars and oversized houses. The "defenseless " consumer — to use Mises"s term — simply must spend endlessly because some Madison Avenue firm told him to. What"s more, that same consumer is even tricked into buying an inferior or damaging product against his own better judgment. The only solution, we are told, is to impose government regulations protecting us from the diabolical corporations who manipulate us.  


As so much evidence shows, this view of advertising has never been true, but it is all the more untrue in the age of social media and an endless array of third-party reviewers of products and services. There is mounting evidence that advertisers are only becoming weaker and weaker, and the more evidence we collect, the more it appears that the variables that act upon a person"s choices are far more complex and unknown that we suspect. 


But what of government propaganda? 


Again, in this case, the power of state propaganda appears to be less powerful that we might suppose it to be. Perhaps far more important is the simple fact that governments have police and military powers that impose a high cost on refusing to go along. 


Do people consider the state to be as valuable as many assume they do? There is no doubt that many do, but it is also entirely plausible that many simply opt to not oppose states because states can impose a high cost on those who disobey. 


In fact, if the propaganda churned out daily by government schools and media arms were as successful as we assume it to be, then why are there so many dissidents, tax evaders, and prisoners? If propaganda can be successfully executed to force compliance so effortlessly as we"re told, should not the prisons be empty and the tax payments always be honestly paid? 


It could be there are other forces at work, and it may be that saying things on TV isn"t quite the panacea many assume it to be.