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This is a tale of three revolutions. Revolutions past - twin revolutions that served as lessons. The second was a counter-revolution, a result of not learning those lessons. And the third, well it begins in 2030, but stirrings of it are already being felt.
I look at the causes of revolutions and state crises in the past, looking specifically at the English Civil War and the French Revolution, to argue as historian Jack Goldstone does, that we're following a dangerous path to potential revolution. The Baby Boomers were the most heavily invested in generation in history but as the population boomed, debt has grown with it. Millennials, on the other hand, are underinvested in, under-housed, and are experiencing wage stagnation.
This is a tour of generational debt, neoliberal revolution, tax cuts, plague, stagnant incomes, Kings, the guillotine, and more.
There’s a growing consensus on both sides of the aisle: neoliberalism has failed. And history teaches us that if peaceful social solutions designed to mitigate against excess and injustice aren’t implemented, then more chaotic, violent, and revolutionary solutions will inevitably follow.
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Sources:
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Jack Goldstone, Revolution and Rebellion in the Early Modern World
Jack Goldstone, The New Population Bomb
Bruce Gibney, A Generation of Sociopaths: How the Baby Boomers Betrayed America
Joseph Sternberg, The Theft of the Decade: Baby Boomers, Millennials, and the Distortion of Our Economy
www.hepi.ac.uk/2020/02/17/the...
blogs.lse.ac.uk/politicsandpo...
www.businessinsider.com/mille...
www.brookings.edu/opinions/sp...
www.vox.com/2019/3/19/1824037...
money.usnews.com/money/blogs/...
www.reuters.com/article/us-us...
www.epi.org/publication/chart...
Credits:
Laffer Curve Napkin, americanhistory.si.edu/collec...
National Debt Graph: commons.wikimedia.org/wiki/Fi... SColombo (based on style and sources of Ninjatacoshell's previous version), CC BY-SA 3.0. creativecommons.org/licenses/..., via Wikimedia Commons
Music by Kevin Nolan:
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Website: www.kevinnolan.info