This is Turchin’s ‘wealth pump’. When higher status people and groups hoard vast amounts of a society’s…

This is Turchin’s ‘wealth pump’. When higher status people and groups hoard vast amounts of a society’s wealth, sitting on it like a dragon on top of its gold. Societies collapse when rivals within the status elites fight each other, combined with widespread immiseration of the… https://t.co/29tRLlSTeD