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48:08Now PlayingGary Stevenson, economist, ex-Citibank trader, documentarian of Channel 4's How to Get Filthy Rich, returns to PoliticsJOE, this time just days after Andy Burnham became Prime Minister.
Stevenson doesn't hold back. He explains why he expects Labour to dodge serious taxation of the ultra-wealthy, instead quietly shifting the burden onto the upper middle class through moves like equalising capital gains and income tax. He breaks down why cutting VAT on energy bills is a quick political win rather than a real fix, and why he believes every government that fails to tax extreme wealth eventually gets forced into austerity, creating fertile ground for Reform and Farage.
The conversation goes deep into why mainstream economics still doesn't study wealth inequality, why the golden age of the property-owning middle-class was a historical anomaly rather than the norm, and how untaxed billionaires inevitably buy up every asset in the economy.
Stevenson also opens up about his own journey: betting on economic collapse at Citibank in his mid-20s, moving to Japan and encountering a completely different cultural attitude toward collective responsibility, and why he believes the ultra-rich's real power move is convincing ordinary people to think and act selfishly.
It's a wide-ranging, often blunt conversation about class, power, lobbying, and why Stevenson insists he's "the peaceful option".
How to get filthy rich is streaming on Channel 4 now.
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