British Politics Is in Meltdown. Here’s Why.
It has been a seismic week in British politics. The two-party system has collapsed. Keir Starmer is digging in at Downing Street, while Labour leadership contenders line up outside, and Reform clouds gather overhead. Now: the most important by-election in more than a century looms. How did we get here? And what happens next?
On this week’s Downstream, Aaron Bastani is joined by James Butler, contributing editor at the London Review of Books and co-founder of Novara Media, to make sense of the paradigm shift underway in British politics.
How has first past the post, long promoted as a source of political stability, become the background for systemic chaos? Why is there such a democratic deficit in Britain, and what can be done about it? Have two lost decades on the economy simply killed both historic parties? And where should progressives position themselves, as we now begin the slow march towards the final general election of the 2020s?
- Published 17 May 2026