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1930-Somethings

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History never repeats itself, but it rhymes, runs the suggestive aphorism (falsely?) attributed to Mark Twain.

James Delingpole writes in the Daily Telegraph:

… have you ever tried reading private journals or newspapers from the 1930s? What will surprise you is that right to the very last minute – up to the moment indeed when war actually broke – even the most insightful and informed commentators and writers clung on to the delusion that things would somehow turn out all right. I do hope that history is not about to repeat itself. Unfortunately, the lesson from history is that all too often it does.

There’s quite a lot of this about.

For one theoretical account of how history might rhyme, on an ominous 80-year cycle, there’s a generational model that sets the beat. “Strauss & Howe have established that history can be broken down into 80 to 100 year Saeculums that consist of four turnings: The High, The Awakening, The Unraveling, and the Crisis.” From a philosophical point of view, it seems a little under-powered, but its empirical plausibility rises by the month.

Among Shanghai’s anomalies is a peculiar relation to the 1930s. For the city beyond the International Settlement, the decade slid into disaster when Sino-Japanese hostilities broke out in 1937. Yet the preceding period was not marked by depression, but by exuberant High Modernism. Dates from the 1930s that would in much of the world seem distinctly sinister are displayed on the city’s historic buildings as a mark of Golden Age authenticity. For the paranoid mind, that would slot neatly into the same disturbing rhyme scheme today.

Throughout most of the rich world, economic, political, and cultural decay seemed — retrospectively — to presage the coming cataclysm, as if nothing less could jolt exhausted social systems from their relentless downward slide. Almost everywhere, some version of fascist thinking was seized upon as the antidote to relentlessly gathering malaise. Beneath the surface of the global geostrategic order, shifting tectonic plates accumulated intolerable tension. Degenerate monetary systems came apart into uncontrollable swirls of dysfunctional signs.

Still, it’s entirely possible that there’s nothing to worry about:

StockcycleClick image to enlarge.

ADDED: “If you hear echoes of the 1930s in the capitulation at Geneva, it’s because the West is being led by the same sort of men, minus the umbrellas.” (I’m hearing echoes of the 1930s just about everywhere.)