Mr Corbyn called it “a new economics”. Mr McDonnell described his aim as being no less than the “fundamental business of reforming capitalism”.
So today was big on vision, but short on new detail. Perhaps no surprise with the next general election, in all likelihood, not until 2020.
No one can doubt their ambition: “I want us to surpass even the Attlee government for radical reform,” the shadow chancellor said, a reference to the administration that founded the NHS.
Jeremy Corbyn outlines Labour’s vision of a ‘new economics’