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Miliband backs 'humane' capitalism
Labour leader Ed Miliband has declared that he has nothing against the rich - as long as they have made their money "the hard way".
In an interview with The Daily Telegraph, he said he felt capitalism was "the least worst system we've got" but needed saving from itself.
Mr Miliband, who has been at pains to shake off his "Red Ed" tag and whose father Ralph was a Marxist historian, acknowledged the merits of Margaret Thatcher's aspiration agenda.
"My dad was sceptical of all the Thatcher aspirational stuff, but I felt you sort of had to recognise that what she was talking about struck a chord. I want to save capitalism from itself," he said.
The Labour leader said the "creativity" of capitalism had to be harnessed and made "more decent" and "humane".
"I believe capitalism is the least worst system we've got," he said.