Posted on 09/20/2020 12:16:38 PM PDT by Fzob
Our model is based on the fact that across history, what creates the risk of political instability is the behavior of elites, who all too often react to long-term increases in population by committing three cardinal sins. First, faced with a surge of labor that dampens growth in wages and productivity, elites seek to take a larger portion of economic gains for themselves, driving up inequality. Second, facing greater competition for elite wealth and status, they tighten up the path to mobility to favor themselves and their progeny. For example, in an increasingly meritocratic society, elites could keep places at top universities limited and raise the entry requirements and costs in ways that favor the children of those who had already succeeded.
Third, anxious to hold on to their rising fortunes, they do all they can to resist taxation of their wealth and profits, even if that means starving the government of needed revenues, leading to decaying infrastructure, declining public services and fast-rising government debts.
This is satire, right?
No, not satire. I thought it interesting although the authors get much wrong it raises trends that definitely point to a very bumpy future.
Bookmark
Tax the rich! That’ll solve all of our problems.
Bring back the flappers.
On the other hand, decreasing the population 50% would solve the problem too.
...and the band played on.
This sentence makes no sense. It is based on false premises.
The big question: What if Trump wins but doesn’t concede?
terrorist twenties
trotsky twenties
“ No, not satire....”
No, it sure is not satire! Turchin is one smart cookie. I read one of his books over 15 years ago’ War anD Peace and War. https://amzn.to/32L2KJh
https://en.m.wikipedia.org/wiki/Peter_Turchin
Some may not like what he says, but he is certainly not the first and only one to predict what we are living. AND it has certainly happened many times before as he and others have written.
IC Clearly
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.