Democracy’s Longest Decline in 40 Years: Was It Predictable?

With socionomics, it’s no surprise at all…

by Nathaniel Williams

Democracy has long been considered a model political
structure for self-governing societies. So why is “government
of the people, by the people, for the people” losing ground?
Consider what The Economist magazine observed:

Freedom House, a New York-based body that monitors
a range of political and civil rights, reported that
2010 saw a net decline in liberty across the world
for the fifth year in a row, the longest
continual decline in four decades
of record
keeping…. Western governments have become shy about
spreading the idea that certain human rights, enshrined
in the United Nations conventions, are universal

– The Economist, September 2011 (emphasis added)

You may find this turn of events shocking, and rest
assured that we have yet to hear a satisfactory “fundamental”
explanation of the trend. But with socionomics – the
study of social mood – we can say that at this juncture it’s
no surprise at all
. Robert Prechter applied socionomic
principles to anticipate this trend more than 19
years ago

The numbers [Francis Fukuyama] presents showing
the rise of liberal democracy merely track the trend
of the stock market, i.e., of positive social mood,
from its Grand Supercycle degree low in 1784 to its
current all-time high. In fact, the two ‘corrections’
of the trend roughly coincided with bear phases in
stocks…. As the worldwide decline in fortunes takes
hold, the number of liberal democracies will

The Elliott
Wave Theorist
, June 1992 (emphasis added)

In other words, the same social mood that governs
the stock market also guides how nations govern

And the number of liberal democracies has indeed decreased, just
as Prechter forecast. The new issue of The
includes a stunning chart that allows you to
see for yourself how the number of democracies tracks the DJIA, the
best measure of social mood.

Liberal Democracies Worldwide

The Socionomist can you prepare for changes
in social mood that most people never see coming –
such as a downturn in global democracy. It offers you
a perspective that you simply will not find elsewhere.

The new issue’s featured article, “Democracy Under
Attack,” provides you with our uniquely insightful
socionomic analysis of this issue. Preview the new
issue below.

* * * * * * * * * *

Inside the October 21, 2011 Socionomist

What Does it Mean to Spot the Impossible?

could say that the entire new issue of The Socionomist answers
the question above – and not with a single article,
but several. Each one memorably illustrates what an
independent mind can do by thinking outside the confines
of conventional wisdom.

In fact, the issue is so strong – and so worth your
time – that we want to give you a few highlights from each
of the issue’s three articles.


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1 Comment

  1. Who to blame for the recent culture of distress and blame? « power of language blog: partnering with reality by JR Fibonacci

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