We show no relish for reconfiguring the relationship between the state, the market and society. The world is on the turn, yet we do not seem equal to the challenge.

On the face of it, these look like bad times for Labour and for Ed Miliband's leadership. There seems to be no strategy, no narrative and little energy. Old faces from the Brown era still dominate the shadow cabinet and they seem stuck in defending Labour's record in all the wrong ways: we didn't spend too much money, we'll cut less fast and less far, but we can't tell you how.

What I've learnt is when you walk into a family argument and people tell you it's about principle don't get involved. There is more to life than principles.

We show no relish for reconfiguring the relationship between the state, the market and society. The world is on the turn, yet we do not seem equal to the challenge.