Tag Archives: capital

What does School Privatization Have to Do With the Crisis?

Following the Chicago teacher strike over the Democratic Party’s push to privatizae public schools, with the “Race to the Top” initiative, I was reminded of a couple texts about the relationship between the current crisis and the thrust towards the privatization of the public sector, with the latter becoming an increasingly important site for the profitable investment of over-accumulated capital.

Reclamations, a journal that emerged out of the California student demonstrations of 2009, has been producing very interesting material relating the crisis to the university. They argue that by the late 1990s, “the leading edge of restructuring [centered around “privatization, neoliberalization, financialization and commercialization”] shifted from the university’s rationalization to its integration as a site of accumulation and investment in the circulatory system of capital.” (emphasis added) (Whitener/Nemser, ;”Circulation and the New University”, 06.08.12)

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