|By Alan Hall | Excerpted from the November 2009 Socionomist
Originally published under the title, “A Socionomic Study of Eugenics”
[Ed: In this provocative article, Alan Hall explains that declines in social mood produce expressions of dehumanization and social control. The history of eugenics-the theory that it is possible to improve human hereditary qualities by controlling whom may propagate – provides an unfortunate example. In fact, Hall shows, pro-eugenics ideas may be resurfacing even now as social mood waxes negative. Here is an excerpt of his November 2009 article.]
Fourth Wave Social Themes Foreshadow Those of the Next Bear Market
Figure 1 plots major eugenics trends since 1860 on a chart of inflation-adjusted U.S. stock prices. As the chart shows, bear markets and eugenics activities tend to wax together.
Look closely at waves , IV, and (IV), which occurred between the late 1800s and 1932. Each of these fourth waves was one degree larger than the one before it. Each produced a more intense expression of eugenics, culminating with the Nazi genocides in Europe during World War II.
Robert Prechter’s 1999 book, The Wave Principle of Human Social Behavior (HSB), describes how the fourth wave in a five-wave advance can anticipate social trends:
The initial deterioration in the stock market during the fourth wave sets the stage for the ultimate reversal (see “Wave Personality” in Elliott Wave Principle). Apparently, this is true across all manifestations of social mood, not just the stock market.
The September 2001 issue of The Elliott Wave Theorist offers more detail about the forecasting value of fourth waves:
Negative social themes due to appear in any approaching bear market first express themselves in milder form in the preceding fourth wave of one lesser degree….The negative themes in “wave four” within the “fives waves up” presage those that will dominate, more dramatically and on a much bigger scale, in the ensuing “three waves down.”
Grand Supercycle wave [IV] started in 2000. The “preceding fourth wave of one lesser degree,” Supercycle wave (IV), is the “milder form” expression of the negative social themes of wave [IV]. This suggests that people will again leverage popular ideology to justify even larger xenophobic policies.
…But pro-eugenic ideas also are resurfacing. In November 2008, the Netherlands considered a bill that would have forced two years of contraception on “unfit mothers” and placed babies they conceived in that period in state care. The bill failed. In September 2009, Poland passed a law mandating castration of convicted pedophiles. It may prove to be as predictive as Michigan’s failed 1897 legislative proposal to castrate certain criminals. A New Zealand politician recently proposed to solve child abuse by “paying the ‘appalling underclass’ not to breed” (News.com.au, 10/30/2009). Such proposals often appear first on the radical fringe; a sustained social-mood decline then pulls them into the mainstream.
In the remainder of this eight-page article, author Alan Hall:
- Provides an overview of the history of eugenics, including major eugenics events
- Analyzes racial and ethnic prejudice as the foundation of eugenics
- And describes the potential resurgence of eugenics expressions in the environmentalism movement, genetic science, and the elderly healthcare dilemma
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