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Delusions and the Forbidden Crowd: Hidden Histories of Mass Madness, Financial Conspiracies, and Occult Follies

Delusions and the Forbidden Crowd: Hidden Histories of Mass Madness, Financial Conspiracies, and Occult Follies

Update: 2025-04-01
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Charles Mackay’s monumental work, Memoirs of Extraordinary Popular Delusions and the Madness of Crowds (first published in 1841), stands as one of the most critical examinations of collective human irrationality, delusion, and mania. This classic is not simply a chronicle of foolish trends—it is a sweeping history of the hidden forces, occult panics, and conspiratorial thinking that gripped nations and civilizations, often under the guise of religion, economics, or science.

This powerful volume is divided into three distinct parts, each exploring a different facet of mass psychosis:

This section explores events such as:

  • The Mississippi Scheme and South Sea Bubble: Epic financial conspiracies where nations lost their minds over speculative bubbles, fueled by greed and misinformation.

  • Tulipomania: The infamous Dutch flower frenzy that turned tulip bulbs into financial gold—until it all crashed.

  • Modern Prophecies, Great Thieves, and Political Beards: Analyzing how fads, fear, and power created bizarre, dangerous societal shifts.

  • Thugs and Religious Fanatics: Hidden cults and rituals like the Phansigars of India—a shadow society entwined in religious sacrifice and secrecy.

Here Mackay turns to historical oddities and psychological hysteria:

  • The Crusades: Mass religious zealotry cloaked as divine mission.

  • Witch Hunts and The Witch Mania: Exploring the darkest shadows of occult persecution, false confessions, and fear of the feminine unknown.

  • Poisoners and Haunted Houses: Terrifying conspiracies and cultural phenomena fueled by paranoia and belief in hidden threats.

This section descends into the realms of pseudo-science and forbidden knowledge:

  • The Alchemists: Secret societies chasing eternal life, gold, and mystical transformation.

  • Fortune Telling and Magnetisers: The mystical arts of prediction, mesmerism, and energy manipulation that influenced the upper echelons of society.

Mackay masterfully shows how even the most "enlightened" societies fall prey to mass hysteria, false prophets, and the seductive power of collective belief. His voice is skeptical, sharp, and analytical, but also rich with dry wit and dramatic storytelling.

  • It’s a cautionary tale about manipulation, false hope, and herd psychology.

  • It draws chilling parallels with modern financial crises, cults, social media bubbles, and viral conspiracies.

  • It uncovers how forbidden knowledge, charismatic leaders, and fear of the unknown can trigger societal chaos.

If you’re a seeker of hidden truths, conspiracy history, or the shadowy psychology of the masses, this book is essential. It doesn’t just chronicle madness—it dissects it.

🔹 Volume I – National Delusions🔹 Volume II – Peculiar Follies🔹 Volume III – Philosophical DelusionsWhy this book still matters:

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Delusions and the Forbidden Crowd: Hidden Histories of Mass Madness, Financial Conspiracies, and Occult Follies

Delusions and the Forbidden Crowd: Hidden Histories of Mass Madness, Financial Conspiracies, and Occult Follies

Falcon Millenium