Jeremy Corbyn's speech on Friday morning was mostly ignored in favour of questions about his future, but it had some fine passages in it.
"Theresa May has dangled the threat of turning Britain into a bargain basement tax haven if the European Union doesn't play ball. But slashing taxes still further for big business, and cutting essential regulation in jobs, the environment, consumer protection, as a magnet for north American corporate giants - that's not just a threat and a danger to the European Union, it's a threat and a danger to the British people. That is not what the majority of our people want. But it is the clearly stated agenda of senior members of the Conservative government, who made clear both during and since the referendum campaign that is exactly the fantasy free market never-never land they want out of Brexit."
All very inspiring. But last night, Corbyn's actions told a different story. The Labour leader whipped his peers into voting against an amendment to the Article 50 vote which would have demanded that the prime minister keep the UK in the single market. (It's amendment 4 here)
This was not a vote on whether to activate Article 50. Corbyn couldn't use any of his excuses about not being seen to stand in the way of the vote. This was an amendment to the bill, one which would have insisted that May pursues an exit from the EU which puts the fewest possible jobs and standards at risk. By whipping his peers against it, Corbyn worked with the government to make sure it did not pass.
At certain points this alignment was visible. Lord Mandelson's attempts to intervene on Baroness Hayter, Labour's Brexit spokesperson in the second chamber, saw Tories try to silence him. The cooperation between Corbyn and the Conservative party grows more visible the longer the bill works its way through parliament.
The amendment was defeated by 299 vote to 136. Just before they filed through the lobbies, Lord Hain, who tabled the amendment, told peers that Corbyn would be judged by history to be on the wrong side of the argument "by forcing us in the Labour party to do something that we do not actually believe in".
But the thing is that Corbyn does believe in it. He believes that leaving the single market will get rid of state aid rules which, in his fevered imagination, are the main barrier to socialism in Britain.
John McDonnell wrote a tragic-comic warning of a "soft coup" against Corbyn recently in Labour Briefing. He ended it by saying:
"We all know that this is the socialist opportunity of a lifetime."
What was he talking about? Corbyn? Or Brexit? It's increasingly hard to tell. After all, this is the man who welcomes the "enormous opportunity" of leaving the EU.
Elsewhere in the article he accuses the "Murdoch media empire" of conspiring against the Labour leadership. Nothing could be further from the truth. Corbyn is engaged in helping them secure hard Brexit, just as he is engaged in helping May deliver it. The only difference is that Murdoch and May are openly for hard Brexit. Corbyn lacks the bravery to admit it.
Who will Jeremy Corbyn's team blame now? They can't blame the Blairites. The moderate wing of the Labour party stopped agitating against the leader when Owen Smith was defeated. They can't really blame the media because the media too has gotten bored of Corbyn not doing anything. A news feature based on him would be like watching a nature programme about lions napping. There is no action shot, no adventure. The truth is no-one really cares what Labour does anymore. It's the worst kind of insult.
Who is left to blame? Last night Labour lost to the Conservatives in Copeland. It wasn't narrow either. They got a proper spanking – down five points, with the Tories up eight. The Lib Dem vote was up four, while Ukip fell by nine. It's tempting to put together a Brexit-flavoured explanation for that – Ukip to Tories, Labour to Lib Dems – but there were plenty of other things going on, including the crucial nuclear issue. Regardless, the result suggests that current opinion polls – themselves unspeakably bad for the opposition – might still be underestimating Tory support, as they did in 2015.
Do not underestimate the extent of this loss. Labour lost against the governing party. In a by-election. Yes, the Tories replaced their leader so they are enjoying a brief upswing in popularity, as Gordon Brown did - although for far less time – and John Major before him. But regardless, a meat-and-potatoes opposition heading for defeat would still expect a healthy swing in its favour during a byelection. Corbyn lost votes . Labour figures now call Copeland a marginal. So a safe Labour seat for eight decades is now a marginal. That's where we are.
Who can they blame? John McDonnell blamed Tony Blair for his speech on Brexit last week. Corbyn himself blamed "the political establishment". It is not a convincing analysis. People rejecting the political establishment generally do not vote for the governing Tory party.
The truth is there is no-one else to blame. Their internal opponents have left them to it. The media have left them to it. Even the Tories have started ignoring them, since Labour promised away their ability to delay the Article 50 bill. This is Corbyn's failure and he owns it, completely.
So what happens now? The so-called Labour moderates have not just been silenced by the Owen Smith contest. They are also petrified by Brexit and the witch hunt against anyone who tries to 'thwart the will of the people'. Theresa May's steely gaze in the Lords this week, as peers debated amendments to the Article 50 bill, looks upon MPs as well, daring them to stand up and oppose her plans and be branded traitors to the country by her cabal of rabid newspaper supporters and parliamentarians. The only thing that unites the right and left of the Labour party is terror over Brexit and Brexit is the only political subject which matters.
There are quite a few people out there – some of them relatively influential – who want Labour to split and are prepared to dedicate money and time to making it happen. Some see it as a necessary precursor to a general realignment in British politics towards a new open/closed binary opposition. Under this theory, a Labour split might precipitate a Tory split later on in negotiations, if the economic side of things looks particularly dire.
That's still possible but intuitively it feels like if the Labour party was ever going to split it would have done so last autumn. Most MPs are too cautious for that sort of big decision. It can leave you out in the cold, friendless in parliament, foolish in the media and lost in your constituency.
And anyway most Labour MPs remain tied to the Brexit mast as the ship careers towards the storm. Corbyn's opponents in the PLP have no better ideas about how to deal with the party's predicament than their leader. You only need to see the unimaginative nature of interventions by people like Stephen Kinnock and Dan Jarvis to recognise that. They pursue a strategy for the one third of Labour voters who backed Brexit, but nothing for the rest. Corbyn supplies a strategy for no-one. In that sense they would be an improvement. A third is better than nothing, but it is not the basis for a successful leadership campaign.
There's just not much going on. Corbyn offers no hope. His opponents offer no hope. Labour does not appear prepared to split or to select a new leader. Instead it is just slumped on the floor, occasionally twitching, although even that sometimes seems too much for it now. The fact it can even win a by-election in Stoke is actually impressive. It shows the resilience of the Labour brand despite the utter poverty of those who represent it in parliament.
It's not really Paul Nuttall's fault. Ukip were finished long ago, in early October, when Theresa May made her speech at the Conservative party conference confirming hard Brexit. Once that was done, it was clear that the Conservative party was going to adopt the Ukip programme wholesale. There was simply no reason for them to exist anymore.
He could have admittedly done a better job. Nuttall has for years been portrayed as the great threat to Labour, for no real reason other than his accent. That's how complete the take-over of identity politics is on both left and right in British politics. When it finally came time to put this theory to the test, it turned out that an accent is not enough.
His campaign was one for the history books. First he pretended he lived in Stoke when the home he had designated in the constituency was empty. Then he had a toe-curling encounter with Michael Crick in which he tried to dismiss it.
So far, so typical. Just like Tristram Hunt, the Labour MP who came before him, he had been parachuted in. He'd hoped that the standard Brexit rhetoric on immigration and control would see him through, given Stoke's high Leave vote. It was the same arrogance and lofty disdain as that shown by the mainstream politicians Nuttall claims to hate so much.
But the rest of his errors were of a different quality altogether. The false claim that he had lost friends in Hillsborough was not a standard political story. It was the type of thing which grabs the attention and forces you to start psychologically assessing the candidate and his team. That's generally not a good place for a campaign to be. Soon afterwards, Nuttall's website shut down for 'scheduled maintenance'.
By this point something very dangerous happened to Nuttall. He had become a joke. People put out doctored images of him at historic events, like the moon landing or at a Beatles gig. He was a punchline in the John Terry style – capable of being superimposed on any image.
But for all his personal failures, there was a bigger strategic one Nuttall had committed: he had believed the media narrative on Brexit. This narrative has been constructed almost entirely on the basis of Leave supporting MPs and newspapers. It is their echo chamber. It says that Brexit was a triumph of the left-behinds against the establishment. Like all really convincing lies, there is truth in it. Many voters were trying to give the establishment a kicking and many do feel left behind. Generally, the less well off and less well educated were more likely to vote Leave. And yes, nearly two-thirds of Labour seats - and four-fifths of their seats in the Midlands and the North - backed Leave.
But this account of the referendum is grossly simplified. It has become the only story in town for the simple reason that it flatters the Brexiters to pretend they are fighting some sort of crusade for the disadvantaged. Peel it back and you remember that nothing is quite as it seems. Across the country, nearly two thirds of Labour voters backed Remain. And yes, they did so in the Midlands and the North, not just in London and the major southern cities. Labour voters in the Midlands and the North rejected Brexit by 58%.
That left Nuttall trying to squeeze the Labour vote on Brexit when there really wasn't that much to be gained by doing so. Turns out it only gets you another couple of points. Meanwhile, the Conservatives, who only really started campaigning the other day, actually increased their share of the vote. And so did the Lib Dems, with their resolutely anti-Brexit platform, presumably at the expense of Labour, who despite their victory lost five points. In Copeland, which also held a by-election yesterday, Ukip lost nine points.
How do you squeeze a Tory vote when it has already moved to your position? You can't. There is simply nowhere for Ukip to go. Even Nigel Farage doesn't seem that interested. Most of his reactions to the prime minister's speeches merely involve him stating how happy he is with everything she's doing.
Ukip are in power, in every form that counts. And they are therefore further away from power than they have ever been. They can't target Conservative votes, because they are them. And there's no point looking leftward, because if they can't win Labour votes in Leave-supporting Stoke they can't win them anywhere. What are they going to do? Target the Lib Dems? They're finished.
If Ukip continues to have any success at all it'll be as a meme, which is really the only kind of success it ever had anyway. In terms of electoral victory, it's time to put to bed the idea that they are a viable political party in Westminster.