Sunday, May 10, 2009

A New Trend? Or Trend Reversal?

The News:

Worldwide recession may reverse the direction of modern societies

Washington, May 10 (ANI): A psychologist has developed a new theory of social change which suggests that the current worldwide financial crisis may reverse, at least temporarily, the direction of modern societies.

The theory was developed by UCLA (University of California Los Angeles) distinguished professor of psychology Patricia Greenfield.

"In the United States and in other parts of the world, we are now moving in the other direction," Greenfield said. "I see signs of people becoming more community-minded as people are getting poorer," she added.

For example, former executives who are out of work are doing much more volunteering for nonprofit organizations, moving toward a focus on the common good.

My View:

I agree with the theory and good psycho analysis by Patricia Greenfield of societies turning styles. This is what happens when there are drastic changes as we are facing today and not in times of mild recessions. This also suggests that today's crisis is not a mere recession but a Depression, which requires fundamental changes before any real recovery.

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