In the United States, the number of decamillionaires (people with inflation-adjusted wealth of $10 billion or more) increased tenfold over the 40-year period since the wealth pump was turned on in the 1970s, directly expanding the pool of elite aspirants seeking political and economic power.

factualpending

Speaker

Peter Turchin

Evidence Quote

when the wealth pump got turned on during 1970s... the numbers of these deca millionaires increased tenfold. 10fold.

Source

Understanding Societal Collapse with Complexity Scientist Peter TurchinThe Conduit
Created: 8/12/2026, 10:18:20 PM

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