Wealth - Plutocratic London

Plutocratic London and dynastic wealth. Caroline Knowles, Professor of Sociology at Goldsmiths, University of London, takes Laurie Taylor on a tour of plutocratic London, a city with more resident billionaires than New York, Hong Kong or Moscow. How have the fabulously rich re-made London in their own image and what is the cost to ordinary Londoners? They’re joined by Katie Higgins, Postdoctoral Fellow in the Sociology of Elites at the University of Oxford, and author of a study exploring the inheritance practices of the ultra wealthy. How do they maintain a belief in the value of work whilst preserving inheritance for the generation to come? Producer: Jayne Egerton