The debate over the future of the Royal Mail shows  how resistant the Labour government is to new ideas when they are most needed.  
Privatisation, in part or whole, is the old  ideology which the banks have shown results in a false economy and a failed  economy.
After all, private money and private management were intended to  carry the risk of any enterprise, leaving public finance as an  'off-balance-sheet' device, unrecorded as actual public debt.
Following the  collapse of the banking bubble, it is public money (tax-payers' money) which has  to take on the risk and rescue the banking  industry.
There are alternative  and better ways if reforming Royal Mail to make it secure and accountable, and  one of these is some form of mutualisation involving trust status and profit  sharing for employees.
Let the co-operative ethos prevail with customers  becoming shareholders in their local post office.
A return to mutualisation  is one part of the Green New Deal, which calls for 'green energy, green  transport, green agriculture and green waste management'.
This means a use of  renewable and sustainable systems to rebuild the economy, providing real value  and more jobs. That is the way we should go.
 
 
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