The Economic Wave

In today’s society, we find ourselves starring into what we think of as the economic abyss. We watch the stock market plunge. We see jobs disappearing. The money in our pockets is becoming worth less and less. Things seem pretty hopeless. Many of us look around and wonder what to do to better our predicament. Many of us wander if we will be able to bounce back from this recession. The good news is that we will bounce back from this economic downturn. The unfortunate news is how we will bounce back.

Throughout history, societies have had highs and lows. This usually occurs in an oscillating pattern just like a wave. The people of society will work harder to provide more benefits like food, clothing, and general improvements in life. These improvements in the quality of life have an impact on technology. As technologies are developed, people begin to live for longer periods of time. This causes an increase in the population. The population steadily increase to a certain point.

After the population reaches that point, it has exhausted the excess inputs that were provided by the works, agriculture, laborers, and the general populace creating a surplus. Since the population had been steadily increasing, the people had began to put a strain on the supply of raw materials and food. These larger numbers of people have gradually reduced the supply of things that improve life. These shortages make life more difficult, and famines, diseases, and shorter life spans begin to occur. These tragedies reduce the population back down to lower numbers. As the numbers of people settle, a surplus of supplies begin to be developed, and the cycle begins again.

When looking at the economy in this way, we not only look at the economy but human nature. The primary reason for recessions is our own lust for improvements in our lives. It is not natural to see the cycle in its full vicious pattern. The economic cycle is not so much an economic pattern but a social pattern that serves as our social teeter totter.