Paxman presents the Establishment's view of the situation in politics. The program is mostly anti-Trump refusing to look at the real reasons Trump is in the race. The rigged Republican race, then the rigged Democratic race, now the rigged Presidential race.
While the people in the US who form the lower 60% get poorer. Become more detached from politics yet with enough of them voting for the people who are making Washington dysfunctional. He points out the Democrats are becoming more left wing, while Republicans move further to the right. Without addressing why people vote to continue the problems.
This was happening in Europe with the EU. More and more people are voting for politicians in County elections and EU elections who are determined to bring down the EU. How many American politicians want to change the US political system of the Electoral College? This allows a candidate with fewer votes to become President.
Unless Americans and Europeans start voting for the people who are dedicated to stopping the drain of jobs and money out of the West. The drain will continue. Clinton will carry it on. Given a decent Republican Candidate with some or Trump's message, she would have conceded by now.