lpetrich
Contributor
Cliodynamics: can science decode the laws of history? - August 16, 2012
Then speculation about the Tea Party and the Occupy movement fighting each other. That didn't happen, and the Proud Boys and Antifa have also fizzled out.When the French Assembly of Notables frustrated attempts by the royal government to fix the state fiscal crisis in 1788, because they did not want to pay taxes, these aristocrats did not intend to trigger the French Revolution, during which many of them ended up guillotined or exiled. Yet this is precisely what happened.
When the slave-owning elites of South Carolina declared their secession from the [Federal Union](http://en.wikipedia.org/wiki/Union_(American_Civil_War) in December 1860, they did not intend to trigger a bloody civil war that caused more than 600,000 deaths, killed one quarter of military-aged white Southerners, and resulted in the loss of most of their own wealth, when their slaves were freed. Yet this is precisely what happened
He then describes what has been happening in Gilded Age II:One is the falling or stagnating living standards of the general population. But contrary to the widely held view, popular discontent by itself is not a sufficient cause of a civil war or a revolution.
A more important factor is what has been called “elite overproduction” – that is, the appearance of too many elite candidates vying for a limited supply of power positions within the government and the economy.
It's been 8 years, and the trends continue. Despite his populist promises, Trump has done nothing about these negative trends.In the last three or four decades real wages of unskilled workers stagnated. The incomes of the top one percent, on the other hand, grew explosively, leading to ever increasing economic inequality. Signs of elite overproduction include growing demand for educational credentials: tuition rates at elite colleges that rise much faster than inflation and the exploding numbers of new MBAs and JDs.
Intra-elite competition and conflict are indicated by rampant polarisation within the US Congress and increasing legislative deadlock.