‘Action-Reaction’ Hypothesis in Economics

Abstract

Why there are colossal developments in the global economy? Why do we have the term history repeats itself? According to my "action-reaction hypothesis", we can find the correct answers if we look deep into past developments by using the historic recurrence concept.
Everything returns to its original state in the end. At some point, complex systems return almost exactly to their initial state. Over 300 years ago by Sir Isaac Newton in 1686, he introduced his three laws of motion in his book "Principia Mathematica Philosophiae Naturalis." The third law affirms that for every action (force) in nature there is an equal and opposite reaction. Thus, the equation of Newton"s third law is FA = −FB. In dynamical systems, Poincare’s recurrence theorem says all systems will return infinitely many times their initial one.
The state of nature with China and India as they were the largest nations before the industrial revolution started in England. In 1500, China was the largest economy in the world, followed by India, and the United Kingdom ranked 10th. In 1820 United Kingdom, was third in the world. The 2015 IMF projections show China as at first-place again and the United Kingdom out of the top 10,
The Silk Road was used around 1600 years by civilizations till the 18th century. In the present day, we have the "One Belt One Road" initiative. The Silk Road was used heavily and joined the East and West through the 2nd century BCE to the 18th century. The Silk Road now starting from the year 2013, a new double trade passage is set to reopen as One Belt One Road (OBOR) project almost 500 years of losing its importance, Silk Road will become an active trade route again as the biggest infrastructure project of history: 60 countries, primarily in Asia and Europe will cost an investment of US$ 4–8 trillion.
Mercantilism was dominant from the 16th to the 19th centuries before it fell into decline in contrast to the laissez-faire of the nineteenth and early twentieth centuries. The 2018 economic policies of President Trump, on the imposition of tariffs on Chinese products and ran on a protectionist economic platform, showed that there is a return to Mercantilism seen as protectionism. Protectionism is increasing due to most industrialized countries are less open to imports from developing countries. High tariffs on manufactured goods were universally a mercantilist policy. Historical evidence shows that tariffs raise prices. During the mercantilist period, the military dispute between nation-states was both more chronic and more large-scale than at any other time in history.
The work of the orientalist E. Burnouf is among the earliest academic work on Buddhism, a French translation of the Lotus Sutra from the Sanskrit language, around 1826. In the late Qing era (1839-42) China has taken in the starting impact of Western weaponry, producers, culture, and science almost the same period translation of a Western novel (La dame aux camélias) reached commercial praise in China.
Westernization continues to be an important cultural circumstance as a consequence of globalization. The author C. Campbell gather evidence to reveal how Easternization has been constructing all around mostly since the 1960s.
Globalization is the flipside of localization. A 1990s globalization slogan "China to the world, and the world to China" states the two-way parallel process in which China is actively reaching out to the world whereas the world is reaching out to China can be given as a perfect example of the action-reaction hypothesis.
On 13 December 2019, the WHO (World Health Organization) press conference remembers the 40th anniversary of smallpox eradication of killing nearly 300 million. In the meantime, in late December 2019 COVID-19 virus emerged from Wuhan, China, and resulted in a terrifying epidemic in most cities in China and spread all around the world. According to the World Bank, a 5.2 percent decline in global GDP in 2020 is almost the most intense global recession that happened in decades because of the COVID-19 pand mic.
According to Newton's third law, a symmetry in nature forces continually happens as pairs, referring to this law as “action-reaction”, where the force exerted is the action and the force experienced as an outcome is the reaction. Therefore after analyzing the outcomes, big events from the past have been returning to the state of their nature and can be seen again even after lifespans of Kontradieff cycles of 500-1000 years. The historic recurrence concept (e.g., to the rises and falls of empires of China and India Empares which falled around 1750s, but now are rising again and rising of British Empire around 1783 and fell after 1945 also the using of Silk Road trade route again after 500 years) can be explained by Newton's Third Law that I labelled as “Action-Reaction Hypothesis in economy politics”. All systems will return infinitely many times to its initial state.