4min chapter

The Jim Rutt Show cover image

EP 190 Peter Turchin on Cliodynamics and End Times

The Jim Rutt Show

CHAPTER

The Relative Wage Hypothesis

What people expect in terms of their levels of consumption is always relative. People see what other people are consuming and they want to emulate them. And there's a sense of a consumptive, vebelanian competition around status symbols. As the graph gets steeper, the sense of discontent around memetic desire probably increases.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode