Seems like an odd statement

As the economist Mariana Mazzucato told me, 80% of British finance now flows back into finance, insurance and real estate.

Not one I’d believe, either.

But Owen Jones’ new book.

When it did, the crash should have finished off this failed economic model. Instead, ordinary people were forced to pay to save it, through shredded social provision.

What shredded social provision?

There is another possibility: the left makes a different case. That it was the endless, unchecked pursuit of wealth and power by western elites, at home and abroad, that brought us here, and that the task is to rebuild what Margaret Thatcher sought to destroy – society – by investing the wealth we collectively produce. Or, as the man who wrote that buried cable put it to me: stop gutting people’s living standards

What gutting?

Prepared to agree that living standards haven’t risen much this past couple of decades. But fallen, let alone shredded, isn’t true now, is it?

Am I going to actually have to buy this book and write a note on his economic statistics?

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