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😹
Fun
Transcript
00:00Now, I'll take you through the big cycle in more detail.
00:04Give me 20 minutes, and I'll give you the last 500 years of history
00:09and show you the similar patterns across the Dutch, British, U.S., and Chinese empires.
00:18500 years of big cycles.
00:21I'm going to describe the typical cycle by dividing it into three phases.
00:33The rise, the top, and the decline.
00:37The rise.
00:40Successful new orders that rise, both internal and external,
00:45are typically started by powerful revolutionary leaders
00:49doing four things.
00:51First, they win power by gaining more support than the opposition.
00:56Second, they consolidate power by converting, weakening, or eliminating the opposition
01:02so they don't stand in their way.
01:04Third, they establish systems and institutions that make the country work well.
01:10And fourth, they pick their successors well, or create systems that do that.
01:15Because a great empire requires many great leaders over several generations.
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