In reply to Trevers:
> My feeling is that Corbyn will probably step down before the next election, if indeed he isn't ousted before then anyway.
> A couple of points though:
> 1) I think people think he's a lot more left wing/socialist than he is. >
That remains the mystery about him. He was on the left of the party in the 1980s when its centre of gravity was way to the left of where it (the PLP) is now. Has he drifted rightwards, or is he hiding his true positions and what will be the influence of his hard line associates?
> 2) The result of New Labour seems to have been that the 'centre ground' has shifted rightwards. If that could be shifted leftwards again he could gain a lot more support.
"New Labour" was the result of the centre ground moving rightwards.
> 3) Austerity is the very foundation of the Tory government. It seems to be an assumption that austerity is the only way forwards, yet there's never really been any public dialogue around this, and for some reason Miliband's Labour never challenged this, which pretty much handed election victory to the Tories. I voted for Corbyn because I felt the number one priority was to have a Labour leader who would oppose austerity. If the question is brought back into the public consciousness then a lot could change.
Some truth in this but Corbyn doesn't seem to have enough understanding of or even the interest in the economics to make a case beyond saying that it's unfair on the poor. If the Wren Lewis/Krugman/MMT view is going to gain traction it has a huge amount of ground to make up and will need a very articulate spokesman.