Episode Details

What are the actual, practical shifts in our political economy that we could do tomorrow, that would not require extra legislation and could transform our society?  This question applies to us all, wherever we are in the world and while there are many economists looking forward to an idealised system some way down the line, very few people - politicians or economists - are exploring what we could do now, today, within the guiderails of the existing system, with the politicians we have and the economy we have and the constraints of a world undergoing rapid geopolitical as well as geophysical change.

Jamie Driscoll grew up in the north east of England, with a dad who drove a tank in the army and a mum who was a youth worker, trade unionist, and set up the first Women’s Refuge from Domestic Violence in Middlesbrough. He left school at 16, and returned to education as a mature student, gaining a degree in Engineering at Northumbria University. He went on to run his own business as a software developer and then, when kids came along, and he was married to a GP, he  wound back his business and became the main carer for the children.

He was 48 when he became a politician and he clearly brought the clear thought of an engineer, the empathy of a parent and the basic common sense of his upbringing to his various roles. He was elected Mayor of the Newcastle city region in May 2019, a position he served in until 2024, turning Newcastle into what the Guardian called “the capital of a new radical British politics”. In his five years in office he had to work around four different Prime Ministers, six different Chancellors, a global pandemic, Britain leaving the EU, energy price shocks, a cost of living crisis and the start of a ground war in Europe. He's one of a tiny handful of democratic socialists – as opposed to social democrats – who have experience running an arm of government in Britain.  He smashed his job creation target by over 300 percent; built affordable homes to high-eco standards; ran child poverty prevention programmes; delivered skills training to thousands of people to enable them to increase earnings. For every £1 I invested, his team returned over £3 to the Treasury in increased payroll taxes from job creation. He even had a successful venture capital programme that generated profits for the team to spend on other programmes, rather than them being funnelled off into tax havens by private investors.

So, of course, in 2024, the Labour party changed its own internal rules to block him from standing in what was a new Mayoral area: he was too good, too effective - too socialist for them to let him continue when their entire reason for existence was to crush the left in the party. He ran as an independent in that election and came second after the official Labour candidate, polling the second highest independent vote in British political history, and built an organizational infrastructure that has become the progressive movement called Majority.

In amongst all this, he is one of the sharpest, most deeply thoughtful people I've come across in electoral politics - easily up there with Mamdani, AOC and El-Sayed in the US. And he's here today because he's brought out a new paper - 'Hostage Nation' which does something quite remarkable: it takes the existing system in the UK and with only a few well-placed tweaks - almost all of which require no new legislation - it creates a new system that works for people and planet.

I cannot emphasise too hi