As some of the contributors know I personally took the decision that the Labour Party had reached its ‘sell-by date’ a few years ago. Mostly driven by an encounter with the then shadow chancellor, Ed Balls, who I realised didn’t properly understand 21st Century global economics; a fatal political flaw I considered. Now with the election of Corbyn and, particularly, the appointment of McDonnell, a serious opposition to ‘there is no alternative to austerity’ has emerged.