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An individual in a crowd is a grain of sand amid other grains of sand, which the wind stirs up at will. On education and egalitarianism: Foremost among the dominant ideas of the present epoch is to be found the notion that instruction is capable of considerably changing men, and has for its unfailing consequence to improve them and even to make ...
Moral economy is a way of viewing economic activity in terms of its moral, rather than material, aspects. The concept was developed in 1971 by British Marxist social historian and political activist E. P. Thompson in his essay, "The Moral Economy of the English Crowd in the Eighteenth Century".
The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group.
Herd mentality is the tendency for people’s behavior or beliefs to conform to those of the group they belong to. The concept of herd mentality has been studied and analyzed from different perspectives, including biology, psychology and sociology.
A crowd changes its level of emotional intensity over time, and therefore, can be classed in any one of the four types. Generally, researchers in crowd psychology have focused on the negative aspects of crowds, [11] but not all crowds are volatile or negative in nature. For example, in the beginning of the socialist movement crowds were asked ...
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...
The bandwagon effect is a psychological phenomenon where people adopt certain behaviors, styles, or attitudes simply because others are doing so. [1] More specifically, it is a cognitive bias by which public opinion or behaviours can alter due to particular actions and beliefs rallying amongst the public. [2]
Crowd ranking can sometimes change but is generally quite stable across time and schools. [3]: p.162 Part of a clique's popularity status is based on the crowd with which its members associate, thus similarly popular cliques within the same crowd are more likely to move within the hierarchy than are similar crowds within the larger peer context.