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[W]e actually looked at outcomes of crises, measuring them by a collapse. I don't like the word "collapse" because who knows what collapse means. So.… - Peter Turchin
" "[W]e actually looked at outcomes of crises, measuring them by a collapse. I don't like the word "collapse" because who knows what collapse means. So... we broke it up into various dimensions, and then we can look at more than 100 cases in CrisisDB, and look at the distribution of the severity (where we basically sum of the possible bad things that can happen in societies). Most of the time the crises lead to pretty dire consequences, but there is about 10-15% of cases where the elites manage to pull together, adopt the right set of reforms, and sail the ship of the state through the turbulent waters without major bloodshed.
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About Peter Turchin
Peter Valentinovich Turchin (born 22 May 1957) is a Russian-American complexity scientist, specializing in an area of study he and his colleagues developed called —mathematical modeling and statistical analysis of the dynamics of historical societies. He is currently Editor-in-Chief at Cliodynamics: The Journal of Quantitative History and Cultural Evolution. As of 2020, he is a director of the .
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P Turchin
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Peter Valentinovich Turchin
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Additional quotes by Peter Turchin
In my book, Ages of Discord I talk about the Progressive Period... [the] 1920s especially. Remember... the original Red Scare was in the 1920s. So when we look at the existence of the Soviet Union, established in 1920 and collapsed in 1989, this is the period when... I grew up, by the way, in the Soviet Union, and I remember how the newspapers like were talking about the horrors of capitalism... There are multiple lines of evidence that show that the influence from the Soviet Union... By the way, also from during the 1930s. Those were, in fact, important influences on the Roosevelt administration in... designing an equitable system. ...When the Soviet Union ... collapsed, it was misinterpreted as the triumph of neoliberal economics... and here we are essentially. ...This is an important factor. So the failure by the elites. It could be both due to internal challenges... and by the way, in the 1920s there were challenges... even earlier from [the] 1890s... from the Populist movement in the United States, and the Socialist movement in the United States. ...So those were internal. There were also external influences from competitors such as the Soviet Union.
[I]nequality is an excellent proxy for the actual mechanisms that drive instability, but the actual drivers... are several, of which I will focus on two: popular immiseration and . ...[A]t a deep structural level the force that drives those and ultimately instability, is what I would refer to as the "wealth pump."
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