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Institute for New Economic Thinkng
February 28, 2017
Policies based on faith in the “market” as a principle of social organization have wrought havoc with a founding principle of American democracy
Nowhere is the toxic effect of privatization on America’s public wellbeing more evident than in the sphere of education. Today, politicians in thrall to neoliberal ideology seek to subordinate the democratic mission of public education to a theory of market-driven economic development and social organization. The phantasmagorical belief in neutral “scientific” expertise as the primary basis for policymaking has, therefore, profoundly antihuman as well as antidemocratic implications.