The Capitalist Club that Keeps you Poor!

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We’re told inequality is acceptable — as long as anyone can make it to the top. But what happens when the ladder is broken, and most people never even get on it? How did we end up with an economy that no longer works for ordinary people — yet works perfectly for the wealthy? And when did democracy get hijacked, with left-wing parties serving corporations, instead of the voters who put them in power?

In this episode of The Tea, Dr. Faiza Shaheen, economist and executive director of Tax Justice UK, examines who benefits from an economy in which the wealthiest 1% now hold more wealth than the bottom 90% combined. And why taxing the ultra-rich is now a democratic necessity.

As elites gather in Davos claiming to tackle inequality, Oxfam warns that billionaire wealth is accelerating at record speed. This isn’t a contradiction — it’s the outcome of a system designed to concentrate wealth, protect billionaire power, and turn working people against each other, while wealth is funnelled relentlessly upward.

We discuss:

⚡ Why meritocracy is modern capitalism’s most successful gaslight

⚡ How trickle-down economics funnels wealth upward — every time

⚡ Davos: Why elites refuse to tax themselves

⚡ The myth that “the rich will leave” — and who actually is leaving

⚡ Why we need a “wealth tax”

⚡ Islamophobia and the Labour Party: “They think we are stupid”

⚡ How rising inequality drives more state surveillance

With UK billionaire wealth rising by £35 million a day, executive pay ratios at 386:1, and 22% of the population living in poverty, Faiza argues that change never comes from the top — it comes from collective power refusing to know its place.

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AUDIO CREDITS

Presenter–Producer: Dr. Myriam François

Guest: Faiza Shaheen

Senior Producer: Sara Farolfi

Producer: Nadège Bizimungu

Assistant Producer: Poppy Jacobs

Research: Maryam Abada and Martha Missingham

Video Editor: Max Bubnov

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