RE: Is Britain Really In Decline, or just Adjusting...?!?
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Something must be going right when thousands are willing to risk drowning in order to live illegally in the UK rather than France.
What's going wrong is not so easy to fix. The core problem is that most of the country is left behind while the globalized services sector in London is on top of the world. A tale of two cities that have little in common. They have opposing interests for each of the solutions you suggests.
I'm all for a high inheritance tax, but that's easy to evade. In any case, the inheritance that matters is getting into a public school and getting a job at Daddy's firm.
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On the later point I think the £10M trust fund might also help a little!