Background
Following the shock Conservative majority election the Labour party is now looking for a new leader. Under the British Parliamentary model a Party always has a leader and unlike in America where primaries end potentially months before the main election, an Opposition Leader can lead their party upto nearly five years before the election. So this is the equivalent to a primary race but for 2020.
The Labour Party used to have an 'electoral college' of MPs&MEPs, Party Members and Union Members. Last time in a fratricidal comedy David Miliband won by a clear margin both the MPs and party member ballots but the union vote overwhelmingly went to his brother Ed who became leader as a result. Following controversies with the unions the leadership ballot rules were changed to what were mooted as being a 'one member one vote' but has instead become essentially an 'open primary' as anyone who wants to could register as a supporter from when the ballots opened until registration closed earlier today. Voting numbers are now said to be about 450k (compared to 194 actual members Lab had during the election campaign, meaning that actual members from before the election are now in a minority of the selectorate).
The future - or the past ...
It looks like far left extremist oddball Jeremy Corbyn is now going to win. His entry into the race was regarded as a bit of a joke at first, regarding as extreme left even for Labour he self-describes as a socialist and is to the left of even Greece's Syriza. Think a mirror-image of Trump. But the unions have backed him and have been getting their own extreme supporters to sign up to vote for him, while some trouble-making Conservatives have signed up to vote for him under the assumption he'd make Labour unelectable. The other contenders are an incredibly weak bunch of nobodies who've refused to say anything during the election so Corbyn could win by default.
Amongst Corbyn's policies are to basically nationalise everything, he's said he'd reinstate the Marxist Clause IV that pledged public ownership over production. Internationally he believes in unilateral nuclear disarmament and calling terrorist groups like Hamas and others his "friends", being a friend of Russia not America etc. There's already talk of a Labour Party split in two (like happened in the 80s under Foot) if Corbyn were to win.
It strikes me that Corbyn's nutty Marxist policies are surely such that he'd be unelectable and will make his party toxic but I worry what happens if an economic crash or something else unexpected happens and he ends up winning an election and becoming PM.
Seems utterly crazy to imagine in a few years we could have PM Corbyn siding up with Putin (who'll no doubt still be in power) against President Trump. What a nightmare.