Many of the historical "Golden Ages" were... golden... only for the elites, whose high levels of consumption were based on low real wages and falling consumption levels of the great majority...

Another quote →

More quotes by Peter Turchin

All Peter Turchin quotes →

Attribution

Quote text and notes from Wikiquote: Peter Turchin (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.