Those in US society who are ‘decamillionaires’ (>$10 million net worth) have expanded TENFOLD in the past…
Those in US society who are ‘decamillionaires’ (>$10 million net worth) have expanded TENFOLD in the past half century. This isn’t about inequality.
This is the group from which political aspirants tend to be drawn. The number of seats available hasn’t changed.
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This is the elite rivalry that Turchin writes about. Status games in the US for a relatively fixed number of high-status positions have reached a critical point.
They’ve now overflowed the borders into Venezuela and elsewhere. Empires do this, when elites proliferate.
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