Now we are in a situation in which for a significant part of the industrial world too much could become a danger, especially too much of the things which are really not good for us in such large quantities.
I clearly believe a lot more than some of my coalition colleagues - Tories - in redistribution and using the tax system for that purpose. I also believe in the government having an active role in the economy, which is having an industrial strategy. I'm not a believer in laissez-faire.