3min chapter

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384 | Peter Turchin: Elites, Counter-Elites, and the Path to Political Disintegration

The Realignment

CHAPTER

The Perverse Wealth Pump That Pumps Riches From the Poor and Gives Them to the Rich

David Frum: Complex societies go through long stretches of good times, then somehow the little production develops and they enter in text. The reason this happens is typically because something that I call the wealth pump gets turned on. This is the perverse wealth pump that pumps riches from the poor and gives them to the rich," he says. "And so now we have many more elite aspirants with wealth"

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