He penned a blueprint for power five years ago that gives a taste of the draconian taxation and fiscal measures he would introduce in his first 100 days in office.
“To bring a halt to the frenetic, madcap speculation in the City, the government would introduce a financial transaction tax, raising funds to be ploughed into creating the infrastructure which a modern, sustainable economy requires.
“If the City resists, then let’s make it clear that capital controls would follow.
This is just a start of what a radical Labour government can offer
There would also be a cap on high wages of no more than 20 times the lowest paid in any company.
In order to help create new homes, he would give councils the power to compulsory purchase properties unreasonably left empty for more than six months while ending the tax breaks for buy-to-let landlords.