Inequality Is Cyclical, Skyrocketing Until – Periodically – Revolution Forces Concessions from Those Who Have Grabbed All the Wealth
WashingtonsBlog.com
November 14, 2014
Cycles of Wealth
Preface: Sometimes breakthrough insights come from smart, accomplished people in one expertise who look at a different field with fresh eyes … unencumbered by the dogmas and politics of that field.
Peter Turchin is a professor in the Department of Ecology and Evolutionary Biology, and an adjunct professor in the departments of Anthropology and Mathematics at the University of Connecticut.
Turchin’s new research interest is inequality. Specifically, Turchin is now applying the mathematical rigor used in population biology to inequality.
We currently have what is arguably the worst inequality in history. (We’re not talking about the 1% … we’re talking about the real powers-that-be.)
Most Democrats and most Republicans think we have too much inequality. Even the mainstream economists who fought the concept for decades now admit that runaway inequality is destroying our economy.
But we can’t take the current situation in a vacuum …
The Rest…HERE
