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Downstream: How To Predict the Future w/ Peter Turchin

Novara Media

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The Evolution of the Elite in the US

Since 2008, we've had very little economic growth fundamentally, zero productivity growth. What you have seen is a shift in the economic model towards rentierism. And therefore, these 2.5 million Bight-a-let landlords aren't failed aspirants. They aren't part of that elite. It's frustrated because I can't express that politically or am I wrong?

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