For James Bond, Success Is a Matter of Mood

For James Bond, Success Is a Matter of
Mood

By Chuck Thompson | Excerpted from the June 2016 Socionomist

The James Bond film franchise launched in 1962, and its performance
over five decades provides an opportunity to gauge the effects of
social mood on changing consumer preferences for heroes and villains.
In the June 2016 issue of The Socionomist, Chuck Thompson
looks at the franchise’s 25 films and how they performed versus the
Dow Jones Industrial Average. Read excerpts from his article below.

In a 2010 speech to a gathering of futurists in Boston, Robert Prechter
said that during positive social mood trends, people tend to be attracted
to films with positive themes and those that have heroes and villains
with distinct, black-and-white morality. During negative social mood
trends, people tend to be attracted to films with negative themes
and those that have heroes and villains with ambiguous morality. This
observation has proved true over the past five decades with the James
Bond film franchise. …

Public sentiment regarding the quality of Bond films is reflected
on the Internet Movie Database (IMDb), where tens of thousands of
viewers rate films using a scale from 1 to 10. …

Bond’s popularity first peaked in 1964 with the third film in the
series, Goldfinger, as the Dow Jones Industrial Average was rising.
Stocks trended lower in the late 1960s, and filmmakers became “introspective,
doubting and cynical,” Prechter observed. In 1970, studios released
films like Night of the Living Dead and The Texas Chainsaw Massacre.

The 1970s and early 1980s brought some tough times for the Bond franchise,
whose ratings bottomed in 1983 with Never Say Never Again. But the
franchise regained favor during the subsequent bull market in the
1980s and 1990s. Ratings bottomed again with the stock market in 2002.

In the remainder of this article, Thompson looks at the performance
of Bond films during the past 15 years. He also discusses the strengths
of the Bond character and his greatest weakness: dependence on positive
social mood.

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Interested in learning more? Read these
related articles from the Socionomics
Institute
:

Alan Hall: Political Fragmentation: Why Now?

The Power of Positive Thinking

What’s Next? A Beanie Baby App?

Video
– Robert Prechter: Social Causality Is Not Physics

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