Thursday, January 06, 2011

Corporate shaping of public education

Got Dough? Public School Reform in the Age of Venture Philanthropy
Joanne Barkan, Dissent Magazine: "The cost of K-12 public schooling in the United States comes to well over $500 billion per year. So, how much influence could anyone in the private sector exert by controlling just a few billion dollars of that immense sum? Decisive influence, it turns out. A few billion dollars in private foundation money, strategically invested every year for a decade, has sufficed to define the national debate on education; sustain a crusade for a set of mostly ill-conceived reforms; and determine public policy at the local, state, and national levels. In the domain of venture philanthropy - where donors decide what social transformation they want to engineer and then design and fund projects to implement their vision - investing in education yields great bang for the buck."
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