wealth pump

concept
1 mentions 1 recordings first heard May 2026 last heard 12 May ±0 this month

Dynamic where wealth moves from poorer to richer segments

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David McWilliamsThe David McWilliams Podcast · Why Your Barista Has a Master's Degree · 28:59 · 12 May
…One of the dynamics at the top before elite overproduction is far too much wealth concentrated at the very top, which Peter Turchin describes as the wealth pump, which pumps money from poor people to rich people rather than the other way around.…
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