EU referendum, brexit and the aftermath

Those comments interestingly mirror Nick Hannauer's take on middle-out economics and the increasing need for it. Essentially he says that capitalism is a good system because it incentivises people to solves others' problems (and we should measure this in terms of actual life changes, not income), but capitalist systems inherently tend towards inequality (because money makes money). This presents a potentially catastrophic eventuality whereby capitalism destroys itself because the wealth, and hence spending power, ends up concentrated in the hands of too few people to sustain a capitalist system.

He says that unless we act to properly reimburse workers, through an effective living wage and similar regulations, in order to create a comfortably-off middle class who have enough money to be both consumers and innovators, then we will end up with a system of rentier capitalism and ultimately neo-feudalism and a police state and/or violent revolution.