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EP 190 Peter Turchin on Cliodynamics and End Times

The Jim Rutt Show

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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.

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