Involves transfer of public assets eg schools to private companies. Recently, trend to this in ed. In process, ed becomes source of profit for capitalists in what Ball calls 'education services industry' or ESI.
Private companies in ESI involved in activities in ed, inc building schools; providing supply teachers, work-based learning, careers advice + Ofsted inspection services; + even running entire local ed authorities. Large-scale school building projects often involve public-private partnerships (PPPs), private sector companies - capital to design, build, finance + operate ed services. Last 25+ years - local council pays monthly lease + management fee out of public funds.
Many of activities profitable. Ball (2007), companies involved in work expect to make up 10x profit as on other contracts. However, local authorities often obliged to enter into agreements as only way of building new schools b/c of lack of funding by central gov.
Comments
No comments have yet been made