To enjoy all the benefits of our website
James Meadway is an economist and former adviser to shadow chancellor John McDonnell.
Like other pop-ups – from Italy's Five Star Movement to the Brexit Party – the NIP has the potential to crack the political faultlines wide open.
By boosting domestic demand for imported goods, the package will perpetuate US trade imbalances with China.
The party should emphasise the need for long-term resilience to novel diseases and other symptoms of environmental decay.
The Chancellor’s programme will require Labour to adopt a more radical and distinctive economic position.
Faced with a more interventionist Conservative Party, Keir Starmer needs to deliver a more fundamental critique of British capitalism.
It suits central bankers to project a post-lockdown boom but their forecasts don’t reflect the economic realities of Covid-19.
Unless the left presents an alternative vision for an economy in which Covid-19 is a permanent fixture, the government could exploit the recovery for its own purposes.
Breaking the dependency of the English regions on decisions taken in either Westminster or the City of London is crucial.
The shadow chancellor has placed resilience at the centre of her approach, opening up a space that might usefully stretch beyond technocratic social democracy.
Labour’s call for universal internet access fell flat at the 2019 general election – but the pandemic has made it an economic imperative.