Not a historian nor economist, but to my layman's mind, these revolts seem like a recurring phenomenon whenever long running economic cycles reach that point at which the aristocracy overreaches while trying to suppressing growing public sentiment against them, not unlike in Polybius' anacyclosis . But unlike Polybius' cycles, as technology improves, the likelihood of a successful reset at the end of a cycle, gradual…
Something else is going to happen this time, or really is happening already: people vote with their feet and stop having children. On one hand wealth is being pooled into a smaller number of people, on the other it's becoming difficult to have anyone invested in working harder - and for good reason, as there's little payoff in that.
And then the elite says, well lets import excess population from the third world. An idea unthinkable in the past, but now we are modern and not racist.