I’d sum it up as being as bold about public service reform as it is about market reform.

There’s a good case that can be made that in places it’s going further than Tony Blair would have done.

More academies than Tony Blair promised. All hospitals to be foundation trusts.Taking over failing police forces.

In my old area of welfare, I’m really pleased to see the jobs guarantee extended to all ages. But what’s interesting is the bold language used to describe it – ending a life on benefits for anyone unemployed for two years (one year for younger claimants). This is New Labour at its best – real responsibility, but done in a Labour way by offering everyone in that situation a minimum wage job.

When Gordon succeeded Tony, everyone predicted that he would do less public service reform but continue with the same approach on markets. What’s interesting about this manifesto is that it represents continuity (even acceleration) on public service reform, but a greater enthusiasm for reforming markets too. The minimum wage rising in line with earnings. A living wage being implemented in Whitehall (not just sympathised with, as Cameron does – and don’t let the Tories tell you that Boris Johnson brought a living wage in London; it was Ken.) A cap on interest rates for payday loans and doorstep lending.

It’s a return in some ways to the boldness of the market reforms we had in our 1997 manifesto – the minimum wage, four weeks paid leave, which have been some of our most popular policies.

What this manifesto recognises is that reform matters. You have to invest – and the Tories don’t seem to have understood how vital this will be in education, for example. But the results didn’t start to improve in health and education until we brought in reform too. It was only when we said that we’d go private if the NHS couldn’t reduce waiting lists that they started to fall.

The right lesson to learn about reform is that it should be as bravely applied to markets as it is to public services. Governing is about changing the world, and that will always involve change which can be painful at the time but is always necessary for idealism to be more than just noise.

Any quibbles? I like the public service guarantees, but I think they’re likely to work best where the individual has real power – so, I really like the NHS proposals here where the patient can go private if they don’t get help; it will be interesting to see whether the ballots to deal with under-performing schools work as well. I’d have liked to have seen parents apply a couple of Septembers in advance so that new schools can start up to serve areas where people aren’t getting their first choice.

I also think that it’s a shame that we haven’t been this full-throated about the boldness of our reforms over the last two years. I remember an advert from when I was a kid about the “Secret Lemonade Drinker” – the government has sometimes been the “Secret Public Service Reformer”, for example in schools where we are allowing private companies to run pupil referral units and indeed potentially schools, but seem to hope that no one notices.

But the contrast with the Tories is epic – in education, they won’t invest; in health, they won’t reform. And they want to spend huge amounts of money on secondary priorities such as paying people to do things they already do (e.g. marriage) rather than cutting the deficit and protecting public services.

I’ll go canvassing today with a spring in my step.

Tony Blair once said that we were at our best when we were at our boldest. Someone in the government must have been listening…