Letter from me to the Adver:

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.