Almost exactly 20 years since Tony Blair led Labour to the first of three consecutive election victories, the party is languishing in the polls ahead of the June 8 vote.
A YouGov poll for The Times puts Corbyn's party 24 points behind Prime Minister Theresa May's Conservatives.
But addressing a hall in London packed with supporters, the beleaguered Corbyn denied a Conservative victory was a "foregone conclusion", pointing to his own unlikely election as Labour leader in 2015.
"It is these rules that have allowed a cosy cartel to rig the system in favour of a few powerful and wealthy individuals and corporations," Corbyn said.
"It is a rigged system set up by the wealth extractors, for the wealth extractors. But things can, and they will, change."
May is seeking to capitalise on her strong opinion poll ratings to increase her slim majority of 17 in the 650-seat House of Commons ahead of tough Brexit negotiations.
The vote would be a battle of "the Conservatives, the party of privilege and the richest, versus the Labour Party, the party that is standing up for working people to improve the lives of all", he said.
He dodged a question about whether Labour might back a second referendum on the final Brexit deal secured by May, stressing only that he wanted continued economic ties with the EU.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
