People desperately want and need a party with socialist values. Future generations will be damning if this fails

We write as friends and comrades.

The need for a new party of the left has long been clear. It is now more urgent as Keir Starmer’s Labour party falls headlong into one moral void after another: surrendering to corporate raiders and the City, cutting disability benefits, placating racists, rescinding political rights, colluding with Israel’s genocide etc.

The prospect of a new party lit up this darkness with new hope. It inspired hundreds of thousands to sign up. It ignited real hope, for the first time in decades, that a party based on socialist principles, and committed to grassroots democracy, could present a serious challenge to Margaret Thatcher’s dictum that there was no alternative.

Expectations were high, the hope was exhilarating. Communication from the centre was sporadic and increasingly unsatisfactory, but still the enthusiasm remained.