Gary’s theory is that the cause of wealth inequality is wealth inequality. In his Oxford thesis he claims that wealthy people become rich, buy assets and then use their passive income to buy more and more assets. He also claims that the rich don’t pay taxes like the rest of us. If his theory was correct and the UK was experiencing a wealth inequality crisis the share of wealth held by the top 1% would be rising. It’s not - it’s been stable for decades. The two reasons we are seeing issues at the