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This book is an interesting chronicle of financial bubble history, but a far more distilled and actionable understanding of crowd psychology is Gustav Le Bonn's
by narrator 3mo ago
This book is an interesting chronicle of financial bubble history, but a far more distilled and actionable understanding of crowd psychology is Gustav Le Bonn's "The Crowd - A Study of the popular Mind" (1895): https://www.gutenberg.org/ebooks/445 https://www.gutenberg.org/ebooks/445
- rramadass 3mo agoYou have to be careful while studying Gustave Le Bon and his works. He was a product of his times and so there is an undercurrent of racism in this book due his being influenced by pseudo-scientific "Social Darwinism" theories - https://en.wikipedia.org/wiki/Social_Darwinism https://en.wikipedia.org/wiki/Social_Darwinism Approach it as just a sociological/psychological case study of the 1800s and there is much to learn. Book overview and excerpts - https://en.wikipedia.org/wiki/The_Crowd:_A_Study_of_the_Popular_Mind https://en.wikipedia.org/wiki/The_Crowd:_A_Study_of_the_Popu... Author - https://en.wikipedia.org/wiki/Gustave_Le_Bon https://en.wikipedia.org/wiki/Gustave_Le_Bon
- narrator 3mo agoThe guy was horrified by Napoleon and the violence of the French Revolution, so he mainly spends the book criticizing his fellow white catholic people in France. Yes, he says racist things about other nations, but the parts about France which was all his exact same ethnic group / religion are more timeless.