Steven

So this can't be broadly applicable advice, can it?

Even that is a consequence of...

Even that is a consequence of...

So that, again, is we need this one. That's advice for the people that end up getting into that 1%. But who does everyone else work for? Like all jobs growth comes from entrepreneurs.

So that, again, is we need this one. That's advice for the people that end up getting into that 1%. But who does everyone else work for? Like all jobs growth comes from entrepreneurs.

So you're encouraging the entrepreneurial... You're not encouraging everyone to become an entrepreneur.

So you're encouraging the entrepreneurial... You're not encouraging everyone to become an entrepreneur.

I think it doesn't work. It doesn't work. Listen, the last 70 years are not normal, Stephen. The last 70 years are not normal. The last 70 years in Europe and the US where ordinary people like my dad could work for the post office on less than average wage and buy a house and support family, it's not normal. It's not normal in the world and it's not normal in history.

I think it doesn't work. It doesn't work. Listen, the last 70 years are not normal, Stephen. The last 70 years are not normal. The last 70 years in Europe and the US where ordinary people like my dad could work for the post office on less than average wage and buy a house and support family, it's not normal. It's not normal in the world and it's not normal in history.

Most countries in the world are not like that. Most countries have a small super-rich elite and a very large group of extremely poor people. That's most of the country, and it's most of history in this country, and it's most of history in the US. You know, we talk about Charles Dickens. I read Hard Times.

Most countries in the world are not like that. Most countries have a small super-rich elite and a very large group of extremely poor people. That's most of the country, and it's most of history in this country, and it's most of history in the US. You know, we talk about Charles Dickens. I read Hard Times.

I read Hard Times, and this is written in the 19th century when Britain was like the industrial superpower of the whole world. And at the time, the government was talking about should we tax these industrialists? And the industrialists were saying, if you tax us, we'll throw our factories into the sea. And it just reminds me, you know...

I read Hard Times, and this is written in the 19th century when Britain was like the industrial superpower of the whole world. And at the time, the government was talking about should we tax these industrialists? And the industrialists were saying, if you tax us, we'll throw our factories into the sea. And it just reminds me, you know...

The only time we've ever really been able to provide decent living conditions for ordinary working people was the period after the war where we massively redistributed wealth. And now we're losing that holding of wealth of the middle class.

The only time we've ever really been able to provide decent living conditions for ordinary working people was the period after the war where we massively redistributed wealth. And now we're losing that holding of wealth of the middle class.

Can you acknowledge though that that was a completely different time?

Can you acknowledge though that that was a completely different time?

As it relates to being able to... It was a different time, but you know, I could, you know... Because of technology. Nigeria today, Brazil today, the UK 300 years ago, France 200 years ago. There is only one specific time that we have ever successfully provided broad living standards for ordinary people.

As it relates to being able to... It was a different time, but you know, I could, you know... Because of technology. Nigeria today, Brazil today, the UK 300 years ago, France 200 years ago. There is only one specific time that we have ever successfully provided broad living standards for ordinary people.

And it was a period of time where we protected a broadly equal wealth distribution and taxed the rich at very high rates.