Sadly, but predictably, the Labour Leadership struggle has been so much mired in bluster and hysteria that its true potential significance has been largely obscured. A contest of this kind should start, not with who it is claimed has the style and presentation to be the most plausible leader, but with what it is argued is currently wrong with the country, what policies are necessary to put those things right, what mechanisms are proposed to achieve that, and how should they be funded and delivered.
Arguably the most pressing problems for Britain at the present time can be summarised as follows. What were the causes of the financial crash and the consequent prolonged downturn, and what lessons need to be learnt to prevent a recurrence? Does the manifest lack of adequate reform of the financial sector make it likely there could be another catastrophic slump again soon? Is austerity the right policy to cut the deficit?
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