It was not long ago that a senior figure in the Miliband camp was claiming that the Labour leader had never described his funding reforms as a Clause 4 moment.
“Why would he? Clause 4 was about Labour’s aims and values,” that person told the FT. “This is about how we organise, how we relate to people outside the political elite and how we finance ourselves. Clause 4 did not cost us a penny. This will.”
That was two weeks ago.
Now, by contrast, Miliband is saying that the changes will be “bigger than Clause Four in its impact on the way it will change politics.”
The jury is still out on what the long-term impact of the reforms will be. No one could possibly argue that the system is not a move towards greater democracy in the way that some decisions (but not all*) are taken inside Labour.
Yet, as I’ve previously explained, there is one scenario where the union barons have greater power than before in their ability to dispense cash to Labour – or withhold it: eventually.
One thing which people have not quite twigged yet, meanwhile, is the impact of the changes in the short-term. Read more