3min chapter

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66: Peter Turchin - Why Empires Rise & Fall

The Nietzsche Podcast

CHAPTER

The Disintegration of the Economic and Political Elites

Turchin: The elites turn to the state for employment and additional income, and drive up its expenditures at the same time that tax revenues decline. He says it's common knowledge now in American politics that our politicians use their positions of elected office to play the stock market and enrich themselves. Turchin: Eventually some number of elite aspirants who fail to gain entry to the aristocracy will become counter-elites. And usually this breaks out into civil war at some point.

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