AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Rise and Fall of the Elite
There are some beacons of hope in the historical record, which shine out as examples of the fact that inequality doesn't have to lead to dominance. And the one to me that perhaps shines brightest is Franklin Delano Roosevelt. I think what most people think when they think of the relationship between inequality and social unrest is that you have the masses setting off some kind of like uprising where they overthrow the elite. But Peter's insight is the conflict actually arises within the elite itself.