Peter Turchin: “The ‘Decline’ of Nations: How Elite Surplus and Inequality Lead to Societal Upheaval”




Episode 164
February 19th, 2025

(Conversation recorded on November 22nd, 2024) 

Show Summary

The first few months of the new year have brought a cacophony of political news and power plays, bringing with it an uproar of public outrage in the United States and around the world. In the midst of an unprecedented moment in modern history, what can history – and even mathematics – teach us about moments of political unrest and upheaval? 

In this episode, Nate is joined by complexity scientist, Peter Turchin, to discuss his work modeling the key factors that drive patterns of peace, turmoil, and revolution in nations throughout history - and how those connect to the situation in the United States today. Turchin outlines the cyclical nature of ‘elite overproduction’ and its role in political disintegration, emphasizing the importance of economic inequality and elite struggles for control.

How does a declining standard of living, as seen in the U.S. over recent decades, affect a nation’s stability, civic engagement, and levels of violence? In what ways has history been shaped by the ‘wealth pump’ moving economic power towards the hands of the few? Lastly, how can we use these historical lessons to strengthen our communities and act collectively in times of chaos and instability? 

About Peter Turchin

Peter Turchin is a complexity scientist who works in the field of historical social science that he and his colleagues call Cliodynamics. His research interests lie at the intersection of social and cultural evolution,  historical macrosociology, economic history and cliometrics, mathematical modeling of long-term social processes, and the construction and analysis of historical databases.

Currently his main research effort is directing the Seshat Databank project (and its offshoot, CrisisDB) which builds and analyzes a massive historical database that enables us to empirically test predictions from theories attempting to explain why and how complex human societies evolved, and why they periodically experience political breakdown. Turchin has authored ten books. His most recent books are End Times: Elites, Counter-Elites, and the Path of Political Disintegration and The Great Holocene Transformation (forthcoming).

Show Notes & Links to Learn More

PDF Transcript

00:00 - Peter Turchin info + works, Complexity Science Hub, Book: End Times

01:09 - Cliodynamics

03:23 - Isaac Asimov + Psychohistory

05:00 - Mathematical chaos 

06:39 - Dennis Meadows + TGS Episode

07:08 - 2010 prediction about US political instability

08:33 - Social Complexity & Collapse research group

12:30 - The US productivity-pay gap + more info

14:46 - Number of billionaires in the US over time

16:20 - Who are the elites?

17:19 - Russian oligarchs

17:47 - Elite overproduction

19:18 - Immiseration

28:34 - 1929 stock market crash + 1870s US recession

29:29 - New Deal + American Civil War

30:47 - Iron law of oligarchy

31:48 - Early state formation

32:04 - The collapse of small-scale societies

36:06 - Declining life expectancy in US + in 2017

39:23 - Chartism in the UK

40:38 - Age of Revolutions, Taiping Civil War

41:00 - UK Reform Act of 1832

41:45 - Democracy in America

41:52 - Great Reforms of Alexander II

42:16 - 1917 Russian Revolution

44:22 - The Black Death

45:19 - Food prices and the French Revolution

46:06 - Trends in income inequality in different countries

48:42 - Jeremy Grantham + TGS Episode

49:47 - Impacts of the Black Death

52:21 - When AI comes for the elites

53:27 - Impact of AI on law jobs

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Dougald Hine: “Reimagining the Cultural Narrative: Art and Storytelling for Systemic Change”