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Explore The U.K. Is Becoming a Poor Country | Sam Bowman with 78,588 views, 1,381 likes, and 759 comments. Experience the impact of this video content that has captured audience attention.

Sam Bowman joins me to discuss why Britain is approaching two lost decades of stagnant median wages and why the country is now far poorer than it should be. Sam argues that Britain does not lack talented people, capital or ideas; it has created a centralised political and regulatory system that makes building, investing, hiring and experimentation increasingly difficult. At the centre of Sam’s argument is his “housing theory of everything”. Britain’s refusal to build enough homes in its most productive cities has made housing unaffordable, delayed family formation, reduced social mobility, weakened productivity and transformed property from somewhere to live into a scarce financial asset. We discuss why stamp duty locks people in place, how planning applications can cost hundreds of millions of pounds and why almost everyone has been given the power to veto growth. We also discuss why inflation destroys social trust, how zero growth turns politics into a fight over a shrinking pie, why the civil service rewards legislation and risk avoidance, and how Britain’s “vetocracy” prevents almost anything from being built. Finally, we explore whether AI could release a new wave of productivity—or expose Britain’s inability to build the energy, infrastructure and institutions the technology requires. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS 00:00 - Britain Has Stopped Building 00:53 - Britain’s Centralised State 05:20 - How Post-War Centralisation Broke Growth 08:25 - Two Lost Decades of Wage Stagnation 20:15 - Inflation Destroys Trust 22:03 - Zero Growth Makes Politics Zero-Sum 26:56 - The Housing Theory of Everything 30:30 - London’s Housing Misallocation 34:31 - Housing and Falling Birth Rates 38:05 - Why Homes Became Financial Assets 45:30 - Stamp Duty Is Britain’s Worst Tax 51:42 - Britain’s Broken Planning System 55:30 - The £297 Million Planning Application 1:00:00 - Give Local Government the Upside 1:04:23 - Can Britain Still Recover? 1:11:33 - How Quickly the Energy Debate Changed 1:29:37 - Government Rewards Risk Avoidance 1:37:03 - The Vetocracy 1:54:44 - Growth Unlocks Everything Else 1:56:02 - AI and Britain’s Future - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – https://www.instagram.com/mccormack555/ › X/Twitter – https://x.com/petermccormack/ CONNECT WITH SAM BOWMAN › Works in Progress – https://worksinprogress.co/ › X/Twitter – https://x.com/s8mb › Substack – https://substack.com/@sambowman SPONSORS › IREN – https://www.iren.com/ › Arch Public – https://archpublic.com/peter › Ledn – https://ledn.io/peter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - LISTEN / SUBSCRIBE › Apple Podcasts: https://apple.co/40ruY9K › Spotify: https://spoti.fi/3Wc94Vu › Fountain: https://bit.ly/FountainPM › YouTube: https://bit.ly/YouTube_PM › Rumble: https://bit.ly/RumblePM FILMED BY CURTIS TAYLOR › https://www.curttaylor.co.uk/ › https://x.com/curttayloruk/ EDITED BY CONOR MCCORMACK › https://x.com/ConorM04 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - #Britain #Economy #Housing #Planning #EconomicGrowth

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