In June 2016 the PLP organised a 172 to 40 vote of no confidence in Jeremy Corbyn and another leadership election was held, with balloting closing on September 21. The following Socialism Today editorial was published in the October 2016 edition, issue No.202.
At the time of writing – and bar what would be an election stitch-up of monumental proportions – it appears that it will be Jeremy Corbyn who is announced as the victor in Labour’s leadership contest on 24 September, the day before the start of the party’s annual conference.
Corbyn’s expected re-election triumph will be a significant defeat for the capitalist establishment – big business, the media tops, and their political representatives. Despite Owen Smith’s recently-discovered verbal radicalism – he stood, he said, for a ‘cold-eyed socialist revolution’ – he was the candidate of the ruling class, with their vested interest in keeping the Labour Party a safe, New Labour-style alternative to the Tories.
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