Royal Mail sell-off not about bean counting

'Dont' be fooled by all the boring language of bookkeeping', writes Ha-Joon Chang in The Guardian. Behind the Royal Mail privatisation 'lies an ambitious project to restructure British society fundamentally by expanding the domains of our life that are subject to market forces'.

'Markets are in the end man-made devices for utilitarian purposes, not a force of nature that we should not try to resist. If they end up serving the interests of only a tiny minority, as is increasingly the case, we have the right – and indeed the duty – to regulate them in the interest of greater social good.'