Worker and Parasite cover image

End Times by Peter Turchin

Worker and Parasite

CHAPTER

Elite Overproduction and Revolutions Throughout History

The speakers discuss the issue of elite overproduction and how revolutions throughout history are often started by smart individuals who believe they should be doing better, rather than ordinary workers. They also question how high tax rates and rising working class wages can address this issue, suggesting that throughout history, elites have gotten rid of excess people through war or making them so poor that they slip out of the top 10%.

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