"In short, billionaires indicate by their very existence that the market isn’t working. That democracy is deficient. That the economy is failing. That money is flowing upwards. And that billionaires aren’t working. They are never ‘wealth creators’ and always wealth extractors. They work to their own advantage and to the disadvantage of the rest of us. That’s not Marxism or Trotskyism. It’s logic. If we had somehow designed a system of water supply to deliver a few thousand times the normal quantity of water to just 100 odd domestic locations in the country we would probably consider carefully whether the original design was in fact, correct. Why doesn’t Emma Barnett – or, indeed anyone else at the BBC – ever think similarly about the economy?"