The nadir came out in Gordon Brown’s ‘that bigoted woman’ moment when I think what we saw was where a completely normal person, a Labour supporter too, expresses something about what she could see in her life about there being a lot of immigrants and Brown dismissed her as a bigot. Well, I saw that as an absolute manifestation of a self-righteous, self-regarding, elitism in Labour that really despises the concerns of working people. Labour had reached a situation under Brown where most of the people in the party hated one another and they hated people outside the party too.

The last thing I watched on telly with my mother, she died in very late 2008 in the middle of the financial crash, was Gordon Brown saying that it was the destiny of the Labour movement to save the global banking system. And that statement –‘the destiny of the Labour movement to save the global banking system’… I looked to my mum and the last movement she made, really, was to shake her head. You know, it may be the fate of the Labour movement but it can’t be its destiny, that’s just crazy. She just looked bewildered by that.

What did I think about Brown? I’ve said before, I don’t like his kind of politics. I didn’t really meet him properly but I identify him with state, state-ism, with simultaneously high morals and low cynicism. I never identified with that kind of politics. The last gasps of this idea that through the state you can transform society but how that then automatically leads to a dependence on finance to fund it. I don’t think Gordon Brown redistributed power to people.

Labour freed up enormous amounts of money for third sector initiatives, which was magnificent. But it also became too statist. Charities became very reliant on state funding to pursue their agendas, so charities became distant from local communities. Despite all the funding, there was no transformation of the lives of excluded poor people. The greatest gift of the big society will be the renewal of the Labour Party. If it takes civil society and people power seriously, and listens to people who have a following in their own communities, it will find that it has reconnected with its own political traditions.

Cameron made the Hugo Young speech, where he claimed the co-operative movement, building societies, the mutuals, the early trade unions for the Conservatives, and we were completely silent. That's linked to the excessive statism of Brown. We had to reclaim Labour history. It was also a way of talking about capitalism again, and resistance to capitalism. And working [in London Citizens] with low-paid people, most of whom were women, had reminded me of their concern for their parents and their children, and their commitment to work and not wanting to be on welfare.

I would suggest that we use 5% of the bailout money to endow the Banks of England, which would be established in the counties and cities of England and would be constrained to lend within the county or city. The principal of the endowment would be in trust to the people of that county or city, in perpetuity so that it could not be liquidated by its members, and the balance of power in its corporate governance will be held by a third being held by the Bank of England, a third by its workforce and a third by the civic institutions of the locality. These newly constituted ‘Banks of England’ are one of the essential feature of Blue Labour statecraft built upon endowment and institution building.

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Blue Labour has complete disrespect for the managerialism of New Labour and has much more honour for the workforce. If you talk about schooling, we'd like to see parents have a third of the power, teachers have a third of the power and the funders – whether it's the state or local authority – a third of the power, and negotiate a common good. New Labour sought managerial solutions in the private sector and that's what led to the banking collapse; they sought managerial solutions in the public sector which led to the erosion of the public ethos – so we will put people first, relationships first and that's a very different thing.

We believe that capitalism, and unfettered capitalism poses a threat to human existence through the commodification of the person and nature. And we believe in defending people and nature through democratic association, and confronting and constraining the domination of capital through building a balance of interests in corporate governance and public sector. We take on, we’ve taken on the banks in the city of London. That’s who we are.

Capital has just become completely disconnected from the people. Labour was born in the world to resist the domination of capital. That’s our thing. So we say that five percent of the bailout should be used to recapitalise local banks. It’s our money anyway. Those local banks should only lend in the area that they’re in. Germany’s a very successful, a very, very successful example of how this can work.

We begin with the people and they have to define the position. So relationships first, then build power among those people where they agree. So, based on support for thing like regional banks, interest rate cap, living wage, a very, very different kind of agenda. The words we don’t use much are equality, diversity, accessibility, inclusivity, because that’s not where people are. We work on living wage, anti-usury, regional banks, vocational colleges, workers on boards. And it’s a real change in the way that the party works.

This is why it is vital that Blue Labour’s vision of a democratic self-governing nation that honours and rewards work, restores institutional integrity to the places that people live and supports family life based upon love and mutual sacrifice becomes Labour’s vision. It is also vital that Blue Labour reasserts its internationalism and makes free and democratic trade unions, all over the world, From Beijing to Tehran, from Havana to Halifax a central role of Foreign Policy.

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It is perhaps a redeeming feature of the year that celebrity endorsements may be seen as the kiss of death to any political campaigning. The unanimous acclamation of Clinton by the famous and the lovey chorus for Remain were to no avail. It is better to build relationships and do politics with the poor rather than the rich.

We should not replace pity with fear in our relationship with the working class. It is a source of shame that Labour did not and does not represent the hopes and fears of the working class, by becoming a party that disapproves of their fears and is nervous of their hopes.

Labour is apparently pursuing a sectional agenda based on the idea that disaffected Liberal Democrats and public-sector employees will give Labour a majority next time around. But we have not won, and show no signs of winning, the economic argument. We have not articulated a constructive alternative capable of recognising our weaknesses in government and taking the argument to the coalition. We show no relish for reconfiguring the relationship between the state, the market and society. The world is on the turn, yet we do not seem equal to the challenge.

On the face of it, these look like bad times for Labour and for Ed Miliband's leadership. There seems to be no strategy, no narrative and little energy. Old faces from the Brown era still dominate the shadow cabinet and they seem stuck in defending Labour's record in all the wrong ways: we didn't spend too much money, we'll cut less fast and less far, but we can't tell you how.