Labour leader Ed Miliband should stop trying to court the Blairite wing of the party, mayoral candidate Ken Livingstone said today.
He also claimed Mr Miliband could be the next Prime Minister and "transform Britain in a way that we haven't seen for a very long time".
Speaking on the BBC Radio 4 Today programme, Mr Livingstone, who lost to Tory candidate Boris Johnson last week in the race to become London Mayor, said working-class people had become "disillusioned" at the last Labour government's failure to create "good jobs".
He said that, for the last 30 years, Britain had taken a "wrong turning", adding Mr Miliband was now "getting the economic strategy right".
Mr Livingstone dismissed any suggestion that he planned to join the House of Lords.Asked whether he would accept a peerage, he said: "Oh God, no, spare me that. I've been punished enough."