Actually most people are not aware. So its better to spell it out.

glances at the current state of the UK Labour party

It's been known to work for a bit, but its also been known to collapse right back into the old two-party dichotomy. I think the hysteria around third parties baked into every election since the Bush Era SCOTUS-powered election theft in Florida is overblown, particularly when so much of the electorate lives in one-party dominant states. But I've also noticed successful outsider parties - the German Greens, France's En March, the UK Liberal Dems - seem to embrace Corporationism as quickly as any of their German Christian Democrat / French Socialist / UK Tory peers.

And then there's always this specter of fascism floating on the edge of the political establishment. Your Alternative for Germany, your National Front, and your UKIP create this existential crisis for liberal voters, such that they're persistently terrorized into voting the "safe" centrist candidates in while ostracizing any candidate actually running on the things they say they want.

The Ruling Elite have the effective roadmap to keep the proles in line. Continuously finance a paper tiger on the right-flank of the election cycle. Make immigration a boogeyman issue that mobilizes the reactionaries within the state to turn out in droves. Then dangle a weak liberal as a release valve - a Starmer or Biden or Macron or Olaf Schultz - that nobody particularly likes, but the liberal-leaning base are told is "electable" because they can win the support of the conservative national media.

People are bombarded with this false choice - weak liberal or strongman conservative - decade after decade, all the way around the edge of the Atlantic, until the institutions these weak liberals are supposed to support are falling apart and the strongman conservatives can easily take over.

Its a doomed system.