Corbinism, the post-mortem, is kindly sponsored by the Media Masters podcast, a series of one-to-one

interviews with the very biggest media names, hosted by Paul Blanchard. You can tune in any time at

Mediamasters.fmastres. And now, here's the show. This is obviously a very disappointing night

for the Labour Party. I want to also make it clear that I will not lead the party in any future general election campaign.

I will discuss with our party to ensure there is a process now of reflection on this result

and on the policies that the party will take going forward.

It's not Corbinism. There is no such thing as Corpism.

Founded out of the trade unionist movement at the turn of the 20th century, the Labour Party

has always represented a broad church of the British left. Since overtaking the Liberal Party in the

1920s, Labour of dominated British parliamentary politics alongside the Conservative Party. However,

electoral success has not always been easy to come by. Before Tony Blair became Labour leader in 1995,

it had been more than 15 years since Labour had last been in government. To win power, Blair

rebranded the party as New Labour, shifting it to the centre and away from its traditional socialist

routes, making a break with Clause 4 of Labour's constitution, which called for the common

ownership of industry. New Labour was a success, and Blair led the party to three successive

general election victories. Until in 2010, under the leadership of former Chancellor Gordon Brown,

they were finally beaten by a Tory Lib Dem coalition led by Conservative Party leader David Cameron.

New Labour were out of ideas. And, following the deeply unpopular Iraq war and the financial

crash of 2008, a new generation of young people who grew up in Blair's Britain were looking

for a change of direction. Ed Miliband's leadership of the party was often criticised

for not breaking decisively enough with new labour and was unable to stop Cameron from winning an outright

majority in 2015. Where Tony Blair had moved the party to the centre in 1995, 20 years later

...