Capita is the leader of a new breed of what in Latin America are called "parastatals". They are companies which depend on government contacts and revenue to cream large profits from public services. The company is run by a multi-millionaire named Rod Aldridge, flavour of the year to the managerial whizkids in Tony Blair's Cabinet Office. Mr Aldridge shrewdly took privatisation out of the politically delicate realm of prisons, hospitals and railways into the back offices of public administration. He is the impresario of call centres, tax collectors, rent gatherers and paper- pushers. Mr Aldridge claims to be worth £92 million. Capita is now in the FT-100 with a market value of some £2.6 billion - all at your and my expense. It is doubling in size each two years, booming from a demoralised Civil Service and a collapsing public service ethos. With 13,000 staff it is bigger than most Whitehall departments. Capita offers the Treasury a short cut to its dream, of an entirely " contractual" public sector, circumventing local democracy with statistical performance targets fixed in Whitehall.