ItWillNeverWork
Messy Crimbobs, fellow humans.
As it stands, following thirteen years in office, the labour party looks likely to only spend one term in opposition. Who knows, perhaps that will result in a Greece type scenario whereby the nominally leftwing major party undermines its own electoral base by forcing severe austerity measures through. Perhaps it won't. It's a mystery.
Either way, the labour party is not going to be won over to social democracy. For a start, Michael Foot is dead and Tony Benn is old.
Austerity will be imposed as long as the credit-rating agencies are the ones calling the shots. The longer they call them the deeper the depression will get. It will take time, but sooner or later a challenge to the dominance of the city will have to be made. I don't expect this within five years. Ten, maybe.