Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers.

1. Britain’s perilous austerity bunker (Financial Times)

Cameron’s arguments against fiscal policy flexibility are wrong, says Martin Wolf.

2. Labour needs to do more than simply wait for Cameron to fail (Daily Telegraph)

If Ed Miliband wants to keep his lead he must be bold and address his party’s past failings, writes Mary Riddell.

3. This isn't self-determination. It's a Ruritanian colonial relic (Guardian)

The vote for British rule in the Falklands referendum dodges the point, says Seumas Milne. It's time for a negotiated settlement with Argentina.

4. There’s only one solution to the PM’s dilemma (Times) (£)

How do you appease rebels and yet pursue policies they oppose, asks Daniel Finkelstein. Appeal to swing voters – and show you are a winner.

5. Syria: don't fan the flames of conflict (Guardian

Offering support to Syria's rebels risks intensifying a tragic civil war, says Douglas Alexander. We must work with Russia for a political transition.

6. The world needs to understand Putin (Financial Times)

This conservative is no friend of a tired status quo, writes Alexandr Dugin.

7. 'Like' it or not, privacy has changed in the Facebook age (Guardian)

It's hardly a shock to learn that fans of The L Word are lesbians, writes Helen Lewis. We need to relax about online privacy

8. Could the yoke of Merkel's austerity really lead to conflict in Europe again? (Daily Mail)

Ever more citizens in the Mediterranean countries argue that for the third time in less than 100 years Germany is trying to take control of Europe, writes Dominic Sandbrook. 

9. The seeds of an NHS revolution are sown (Daily Telegraph)

Health expert Don Berwick's decree that 'no harm should be regarded as acceptable' must prove to be a turning point, says a Telegraph leader.

10. Why we went our own way on Leveson (Independent)

Private talks between the press and a Prime Minister who said he could deliver a non-statutory formula have sapped collective confidence, says Independent editor Chris Blackhurst.

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This is no time for a coup against a successful Labour leader

Don't blame Jeremy Corbyn for the Labour Party's crisis.

"The people who are sovereign in our party are the members," said John McDonnell this morning. As the coup against Jeremy Corbyn gains pace, the Shadow Chancellor has been talking a lot of sense. "It is time for people to come together to work in the interest of the country," he told Peston on Sunday, while emphasising that people will quickly lose trust in politics altogether if this internal squabbling continues. 

The Tory party is in complete disarray. Just days ago, the first Tory leader in 23 years to win a majority for his party was forced to resign from Government after just over a year in charge. We have some form of caretaker Government. Those who led the Brexit campaign now have no idea what to do. 

It is disappointing that a handful of Labour parliamentarians have decided to join in with the disintegration of British politics.

The Labour Party had the opportunity to keep its head while all about it lost theirs. It could have positioned itself as a credible alternative to a broken Government and a Tory party in chaos. Instead we have been left with a pathetic attempt to overturn the democratic will of the membership. 

But this has been coming for some time. In my opinion it has very little to do with the ramifications of the referendum result. Jeremy Corbyn was asked to do two things throughout the campaign: first, get Labour voters to side with Remain, and second, get young people to do the same.

Nearly seven in ten Labour supporters backed Remain. Young voters supported Remain by a 4:1 margin. This is about much more than an allegedly half-hearted referendum performance.

The Parliamentary Labour Party has failed to come to terms with Jeremy Corbyn’s emphatic victory. In September of last year he was elected with 59.5 per cent of the vote, some 170,000 ahead of his closest rival. It is a fact worth repeating. If another Labour leadership election were to be called I would expect Jeremy Corbyn to win by a similar margin.

In the recent local elections Jeremy managed to increase Labour’s share of the national vote on the 2015 general election. They said he would lose every by-election. He has won them emphatically. Time and time again Jeremy has exceeded expectation while also having to deal with an embittered wing within his own party.

This is no time for a leadership coup. I am dumbfounded by the attempt to remove Jeremy. The only thing that will come out of this attempted coup is another leadership election that Jeremy will win. Those opposed to him will then find themselves back at square one. Such moves only hurt Labour’s electoral chances. Labour could be offering an ambitious plan to the country concerning our current relationship with Europe, if opponents of Jeremy Corbyn hadn't decided to drop a nuke on the party.

This is a crisis Jeremy should take no responsibility for. The "bitterites" will try and they will fail. Corbyn may face a crisis of confidence. But it's the handful of rebel Labour MPs that have forced the party into a crisis of existence.

Liam Young is a commentator for the IndependentNew Statesman, Mirror and others.