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I've always said the left needs to be ready for government.
I think that I was the first MP to call for the nationalisation of Northern Rock, although that is hardly surprising because I have been calling for the nationalisation of the financial sector for 30 years or more.
The worry in Labour circles is that, when pressed, Gordon Brown instinctively moved to cut the benefits of the poor rather than upset businesses and the wealthy.
When I was a GLC councillor, we won and held London as Labour was imploding nationally - running popular campaigns against the Thatcher Government and fighting on our own agenda.
The interests of big corporations have so permeated government that its major decisions are indistinguishable from the boardroom demands of the leading companies in each commercial sector.
It may sound corny in a cynical age but literally generations of our people have given much of their lives to establishing and cherishing the Labour party because they believed what the party told them when they joined.
If bitter party name-calling turns people off then smear politics just destroys all credibility in the aims of politicians, the role of political parties and the political process itself.
There'll be creative business leaders but actually, when it comes down to it, they can't do anything unless they're part of a collective. Unless they've got that wealth creator, that engineer and that work person, that skilled person at the bench to fulfil that idea... they're nothing.
If we need more demand in the economy then protect people in work and raise the incomes of those on low incomes who need to spend, such as the low paid, pensioners and families with children.