Tag: Danny Weil

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Student loans: The financialized economy of indentured servitude

sanjay perera

by Danny Weil Get ready students: your college student loans are due to double on July 2013!  The cost of higher education is spiraling and with it the cost of student loans, one of the biggest Wall Street rackets currently in existence.  Both the Obama administration and the Republicans are seeking “market solutions” they say will staunch the bleeding [1]. Do not be fooled: it is ‘market solutions’ that caused the crisis and with the financialization of education, students are seen as little more than commodities to be bought, sold and monetized for profit. Education is now nothing more than a pernicious, … Continue reading Student loans: The financialized economy of indentured servitude

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Advocacy philanthropy and the leveraged buy-out of public schools — Part 2

sanjay perera

by Danny Weil [Note: This piece concludes the two-part essay. For Part 1, please see: Link] Ted Forstmann and private advocacy philanthropy as a social movement When there is an obvious financial pay-off for those promoting public policy changes through ‘advocacy philanthropy’, it behooves citizens to critically examine those advocates, their agendas and the implications of their claims. Sadly, this is not the case in America today nor was it at the time the leverage buy-out of public schools was being driven by those who posed as charitable individuals but whose real agenda was and is the incessant accumulation of … Continue reading Advocacy philanthropy and the leveraged buy-out of public schools — Part 2

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Advocacy philanthropy and the leveraged buy-out of public schools — Part 1

sanjay perera

by Danny Weil In a newly released book entitled The Gates Foundation and the Future of US  Public Schools, author Kenneth Saltman argues that the entry into educational reform policies within the last decade by the Bill and Melinda Gates Foundation and other, what he calls “venture philanthropists”, is part of a broader ideological and economic trend.  More specifically, Saltman argues that this development is one connected to neo-liberalism and the shift from a capitalist industrial economy to a service oriented economy. Saltman continues by correctly identifying that this modification represents a shift from the public governance of education to … Continue reading Advocacy philanthropy and the leveraged buy-out of public schools — Part 1

Zombie functionalism and the return of neo-instrumentality in education

sanjay perera

by Danny Weil For decades now, the debate in America over education has swerved back and forth between student testing, teacher accountability, standards, competitiveness and what curriculum should contain. With No Child Left Behind ushered in at the beginning of the George W. Bush presidency, America entered into the cartographic reality and morbid morass of high stakes testing, the location on the chess board where the Wall Street financiers and seedy politicians wanted to put public school education after years of neglect and underfunding.  Why?  For not only is the attack on public education one aimed at destroying teacher unions … Continue reading Zombie functionalism and the return of neo-instrumentality in education