Steph McGovern

And, you know…

And as a sort of benchmark of where we might want to get to.

Brilliant.

Okay.

But practically, you know, you are broadly talking about the dismantling of what you might think of as the Western way of doing things.

It's actually central to the way we run things.

Cliched presumption.

about how you get good governance is that people have to be accountable for specific outcomes.

And one of the things that people might say about your approach, which I have an enormous amount of sympathy with, as it were, is that your approach...

would only work is it predicated on the idea that people will just behave better irrespective of the sort of accountability.

Who are you trusting to write these contracts in a way that doesn't... I mean, because part of the problem with all of this is if you go back to the last 60 years of government in the West, when you've had more...

government direction in a country like the UK, quite a lot of it's just gone wrong, right?

You're not going to get a global consensus on these sorts of wholesale taxes.

reforms to essentially the design of markets, let's describe it as it is.

How confident can you be that any individual country would do this?

Because of course, the threat

That whether it's a billionaire who has investments in a country or whether it is simply a corporation with headquarters.

All they say is, well, if you do it here, we're just going to go somewhere else and you'll lose the jobs and you'll lose the tax revenue.

And the problem is, you know, any government that says, right, okay, we are now insisting because this came out of essentially publicly funded research that we're going to get X percent of... Or keep the prices down and so on.

Or basically say this is a medicine that everyone should have access to at half the current price.