Clause IV

With the deadline for Labour leadership voters to register having now passed and ballots almost ready to be issued, the only question left is who the winner will be, and whether this will be former outsider Jeremy Corbyn. If he does win it will be bad not just for Labour, but for democracy as a whole.
There is no reason a revised Clause IV can't reflect the benefits of small-scale nationalisation. Corbyn, if elected, should reinstate Clause IV in this revised form. It would galvanise the left, help to differentiate Labour from the Conservatives and entice potential voters.
Miliband's approach to the special conference of 1 March could cast him as the hero of the party, the leader who unleashed the popular voices of disillusioned and excluded Britain. In just over a year we shall find out if it worked.