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it should wind itself up
I don't think we are at such a bleak, drastic stage yet. The EU is a good analogy: it's not worth destroying a big organisation, with all it's structures, historical ties etc. It would take years, decades even to build a new opposition party. I may be a fantasist, but Labour needs to find someone who can bring both wings of the party together. They will need to be a very skilful diplomat, as well as young, enigmatic, and without baggage.
These recent comments about The Labour Party seem to echo what I said yesterday: that it should wind itself up and make way for a new anti-tory opposition (e.g. Podemos).
Many of you here are, unlike me, young enough to have the energy to do this.