Steven

And we had Rishi Sunak, whose father-in-law was one of the richest men in the world. Like, if you're Rishi Sunak, who, for our American viewers, was our prime minister until very recently. His father-in-law is one of the richest men in the world. He's got £700 million personal wealth. He's going to be making £30, £40 million passive income. And you're getting paid £130,000 to be prime minister.

And we had Rishi Sunak, whose father-in-law was one of the richest men in the world. Like, if you're Rishi Sunak, who, for our American viewers, was our prime minister until very recently. His father-in-law is one of the richest men in the world. He's got £700 million personal wealth. He's going to be making £30, £40 million passive income. And you're getting paid £130,000 to be prime minister.

When you're making policy, do you think, maybe I'll ask my father-in-law what it was? The fact is, what you're seeing here is if you allow the rich – I'm never, ever against entrepreneurship. I'm not against people getting rich.

When you're making policy, do you think, maybe I'll ask my father-in-law what it was? The fact is, what you're seeing here is if you allow the rich – I'm never, ever against entrepreneurship. I'm not against people getting rich.

If you allow the rich to get richer and richer and richer, they squeeze the middle class and they squeeze the poor class out of things like housing, of things like space and cities, of things like energy, and of things like owning and sharing government and owning and sharing the media.

If you allow the rich to get richer and richer and richer, they squeeze the middle class and they squeeze the poor class out of things like housing, of things like space and cities, of things like energy, and of things like owning and sharing government and owning and sharing the media.

What, like this country in the 60s?

What, like this country in the 60s?

The US had even higher taxes than us.

The US had even higher taxes than us.

It's the period of time when... Which period? This period now.

It's the period of time when... Which period? This period now.

You don't care about the middle class?

You don't care about the middle class?

Well, living standards collapsed after the houses were sold. There was a long period where the houses weren't sold. Between the Second World War and the 80s, the houses weren't being sold.

Well, living standards collapsed after the houses were sold. There was a long period where the houses weren't sold. Between the Second World War and the 80s, the houses weren't being sold.

Well, I think there's a few obviously big moments. I think 2008 is a big moment. I think COVID is a big moment. I think it's the 80s where you start to see the wealth distribution go. What matters is actually the distribution itself. So once you change the tax system, it takes a bit of time for the wealth distribution to change.

Well, I think there's a few obviously big moments. I think 2008 is a big moment. I think COVID is a big moment. I think it's the 80s where you start to see the wealth distribution go. What matters is actually the distribution itself. So once you change the tax system, it takes a bit of time for the wealth distribution to change.

But once you start, for me, the big thing is the loss of wealth holding. I want ordinary families to be able to hold wealth. And once you lose that, you lose the middle class. And you will not find me a single country in the world now or the history of the world that has provided good broad living standards without allowing ordinary families to own assets.

But once you start, for me, the big thing is the loss of wealth holding. I want ordinary families to be able to hold wealth. And once you lose that, you lose the middle class. And you will not find me a single country in the world now or the history of the world that has provided good broad living standards without allowing ordinary families to own assets.