The Labour leadership campaign came alive when Jeremy Corbyn's candidacy threw down a gauntlet. To be a genuine opposition the Labour Party has to oppose austerity when it means cutting welfare and increasing inequality, while supposedly eliminating the budget deficit as the number one economic policy objective. So is there an anti-austerity policy which the Labour party could adopt which would actually work?
The answer is that there could be. It does not mesh in easily with what is currently being advocated by Jeremy Corbyn, but nor do the 'austerity light' policies being advocated by the other more mainstream Labour leadership contenders have any likelihood of success.
The only way to get rid of austerity and all its hugely damaging consequences for the young, the disabled, the poor, those on low wages, those dependent on social services, the sick and those on meagre pensions, is to get the economy to grow much faster and more sustainably than it is at the moment.
