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A depression is a situation of self-fulfilling pessimism.
--
Chapter II, The Short Period, p. 23

 

Joan Robinson

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Dread of disaster makes everybody act in the very way that increases the disaster. Psychologically the situation is analogous to that of people trampled to death when there is a panic in a theatre caused by a cry of 'Fire!' In the situation that existed in the great depression, things could only be set right by causing the idle plant to work again. But everybody felt that to do so was to risk almost certain loss. Within the framework of classical economics there was no solution. Roosevelt saved the situation by bold and heretical action. He spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as 'the madman in the White House.' Except for Fabre's investigation of the behavior of insects, I do not know any equally striking example of inability to learn from experience.

 

Bertrand Russell

 

[Nietzsche inveighs] against every sort of historical optimism; but he energetically repudiates the ordinary pessimism, which is the result of degenerate or enfeebled instincts of decadence. He preaches with youthful enthusiasm the triumph of a tragic culture, introduced by an intrepid rising generation, in which the spirit of ancient Greece might be born again. He rejects the pessimism of Schopenhauer, for he already abhors all renunciation; but he seeks a pessimism of healthiness, one derived from strength, from exuberant power, and he believes he has found it in the Greeks.

 

Georg Brandes

 

The reporting of depression is often associated with the dependency of women on men. But it is dependency on men successful enough to allow a woman the time to think about more than survival. Which is why, when we think about women who report depression, we think of middle-class women, not working-class women. The working-class woman is too worried about survival to report depression. Depression is a diagnosis that tends to increase among those with the luxury of worrying about something other than survival. The more a person is in Stage II, the more that person can afford to focus on depression.

 

Warren Farrell

 

I think I'm a realist. Which people who don't like me consider to be pessimism. It isn't pessimism at all. If I was a pessimist I wouldn't get up, I wouldn't shave, I wouldn't watch Batman at 7:30 a.m. Pessimists just don't do that sort of thing.

 

Morrissey

 

Every optimist moves along with progress and hastens it, while every pessimist would keep the worlds at a standstill. The consequence of pessimism in the life of a nation is the same as in the life of the individual. Pessimism kills the instinct that urges men to struggle against poverty, ignorance and crime, and dries up all the fountains of joy in the world.

 

Helen Keller