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Magical Thinking

Think Left

Magical Thinking

By Roy Mayall

One of my neighbours came over to say hello the day the Royal Mail was privatised. ‘I expect you’re looking forward to getting your hands on all that money you’ve just made,’ he said. The shares allocated to me as a member of staff had gone up by almost 40 per cent in a day. The government had brought forward the date of the IPO in order to beat a strike ballot by the Communication Workers’ Union.

 

 Most of us, like most people, were against the privatisation. It felt like my neighbour was congratulating me on taking a bribe. I lost my temper, and told him what I really thought about the privatisation. I pointed out the contradictions: that the state has spent billions of pounds of public money to subsidise the bargain basement sell-off; that the pension fund was nationalised to…

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