I think about it in a naive way, but one that seems to vibe with what I see: Britain is rich. It has huge amounts of capital wealth, property, culture, etc. It just trails in productivity and income. It's like a comfortable, house paid off retiree with a part time job, mostly living off accumulated wealth and prestige.

> It just trails in productivity and income. It's like a comfortable, house paid off retiree with a part time job, mostly living off accumulated wealth and prestige.

Britain is a retirement home with a handful of warships attached.

> comfortable, house paid off retiree with a part time job, mostly living off accumulated wealth and prestige.

That's the median voter.

Or at least the picture of the median voter all the parties are chasing. Which is very bad news for the working population, because policy gets heavily influenced by clueless retirees.