46 years ago during Salvador Allende’s government, the Chilean Congress voted unanimously for the nationalization of Chilean copper. During the murderous Pinochet dictatorship, the road was open for foreign investment, which in actuality takes more than two thirds of the benefits produced by the exploitation of this resource and those who work it. Nevertheless, what is left over, still constitutes 13% of Chile’s GDP, and has been called ‘the salary of Chile’. While the state company CODELCO is the largest producer of mine copper in the world, the surface mine with the largest copper production in the world is Minera Escondida, controlled by BHP Billiton.

John McDonnell, Shadow Chancellor and veteran of the Labour Left, has warned of a "soft coup" being orchestrated to undermine Corbyn's Labour leadership. Owen Jones, meanwhile, has called on Corbyn to stand down and "do a deal" with the Blairites in order to pass on the baton to a left successor. The only way forward for the Left, however, is to boldly go on the offensive.