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Many of the historical "Golden Ages" were... golden... only for the elites, whose high levels of consumption were based on low real wages and falling… - Peter Turchin
" "Many of the historical "Golden Ages" were... golden... only for the elites, whose high levels of consumption were based on low real wages and falling consumption levels of the great majority...
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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
[T]he second condition... is absolutely much more predictive of immediate troubles to come, and that's intraelite competition which results... when elite numbers increase relative to the general population. As a result... we have too many elite aspirants vying for a limited number of positions... causes... intraelite competition, eventually conflict, and that... in our analysis of about 100... cases of past societies sliding into crisis and then out... That turns out to be the most universal and most important force.
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