The reasons for the decline of New Labour are obvious. There is no room for two main parties of the right in British politics. The Tories are the party of the right and that leaves New Labour er.. nowhere. The Blairite clones are so addicted to neo-liberalism that they will continue to push the party in a rightward direction. They have no support amongst the electorate but still hold the reigns of power in New Labour. The Labour Party conference did them little good with Brown predictably trying to recover some core support with 'half promises' about scrapping ID cards and electoral reform - too little, too late.
Although New Labour did the right thing by 'big government' intervention to prop up the banks a year ago they are still paralysed by their worship of the market and are unable ideologically to do anything other than return banks that were bust to the private sector thus dumping the costs on taxpayers. They still labour under the illusion that what they are doing is progressive or even social democratic.
If the Labour Party were able to throw off its New Labour shackles and move to the left it would still have a chance of beating the Tories - whose plans for cuts will shift the country even further into the economic mire - but its too late for that. Its a bleak prospect but we can only hope that in a wipe out the Blairites will go down with the sinking New Labour ship.
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