Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles
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Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles
It’s revealing to think of mimetic desire along a continuum. Certain people and organizational cultures are more prone to mimesis than others. And one thing is clear, on a societal level: any society in which people are no longer struggling with scarcity but coping with abundance will undergo an explosion of mimetic desire. In this universe of desi... See more
read.lukeburgis.com • Mimetic Desire 101 - Anti-Mimetic—A Field Guide to Mimetic Desire
The document discusses René Girard's theory of mimetic desire and its implications, analyzing how desires are formed socially and the role of identification in desire acquisition.
LinkWe began with the idea that underpins all of Girard’s theories––imitation. Conflict between people, he believes, is rooted in our propensity for imitation or in what he calls “mimetic desire”—an idea that began to take shape for him through his study of the great European novelists.
David Cayley • The Ideas of Rene Girard: An Anthropology of Religion and Violence
In the meme economy, the market performance of a stock or cryptocurrency is less about forecasting business revenue than it is about gauging a traded asset’s “memeability.” This user-generated, virality-based investment strategy can best be explained by René Girard’s mimetic theory of desire, which argues that “human desire is not an autonomous pro... See more
Harry Jones • The Meme Economy
I didn’t lose that kind of money simply because of a faulty method of analysis. That may have played a role, but something else was going on to keep me in a losing position even to the point where I went into debt to hold onto it. That something was the psychological distortion accompanying a series of successes, drawing my ego into the market posi
... See moreBrendan Moynihan • What I Learned Losing A Million Dollars
one advantage of the bubble dynamic is that it can bring together people with wildly varied motives.