Like The Sovereign Individual, The Lessons of History was one of those books that changed my perspective and gave me a new framework to understand the world.
The book discusses how a power struggle eventually develops between the elites. The minor elites, excluded from power, align themselves with the populace. This often devolves into violent revolution.
I keep thinking how this describes what’s happening with Trump.
I think the betting markets may be accurately predicting the decline of Trump’s chance of winning. Almost the entire system is stacked against him. The major elites control the military, most of the judiciary, academia, the media, the govt, tech and industry. The minor elites control a few key states and a majority of the supreme court.
Anyway, was just thinking how we’re watching one of those moments in history play out in front of us right now.
Thanks to @LynAlden for the book recommendation. The Lessons of History became one of my favorite books.