As debate over the future direction of Labour in government gathers pace, this week we explore the growing disconnect between politics and economics, the collapse of the old social contract, and what a new political economy might look like.

From devolution and housing to regulation, growth and the role of the state, this is a conversation about far more than individual policies. It’s about what kind of country Britain wants to become, who the economy should work for, and how progressives can respond to an era of stagnant living standards and rising anti-system politics. 

Fresh from his stint leading the Labour Growth Group Mark McVitie talks about the new economic settlement for Britain and we reflect on what these ideas mean for Labour’s next chapter and whether this long-overdue debate can finally produce the political strategy that the government has been missing.

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