Joe Guinan and Martin O’Neill write for Renewal, “The institutional turn: Labour’s new political economy.” In this editorial, they write about Labour’s leadership in the new economy:

The Labour leadership is putting together the elements of a new twenty-first century socialist political economy with a direct focus on ownership, control, democracy, and participation. Rolled out across the entire economy, it could displace traditional corporate and financial power in Britain.

Read more in Renewal.