The Rest Is Politics: Leading 145. Gary Stevenson: Masculinity, Money, and the Myth of Meritocracy (Part 2)
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Jul 27, 2025 
Gary Stevenson, author of The Trading Game and a former trader, shares how he became a multimillionaire by 25 and advocates for wealth tax as a solution to economic inequality. He discusses the failure of centrist politics to support ordinary people and critiques the detrimental impact of wealth concentration. The conversation highlights the toxic masculinity prevalent in financial institutions and how it contributes to emotional struggles among traders, unraveling the myth of meritocracy in the male-dominated trading world.
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Economic Collapse Predicted
- Gary Stevenson predicts living standards will drastically worsen in five years despite economic growth indicators.
- Wealth is concentrating in the top, damaging the middle class's economic stability.
Wealth Concentrates Through Passive Income
- Billionaires generate vast passive income, much exceeding their spending needs.
- This forces them to buy existing assets, squeezing the middle class out and increasing inequality.
Rich Get Richer Amid Weak Economy
- Despite a broadly weakening economy, stock markets and rich wealth reach all-time highs.
- The economy bifurcates, where top 1% rapidly accumulate wealth, detached from broader economic reality.
