by Summary:
[embedded content] Defunding a program is the best way to promote privatization. He discusses here public education, but you can go down the line. The idea of voucherizing Medicare is basically a way of defunding it, worsening its quality and eventually move to private health (you get it if you pay for it). And on education note that while Chomsky is right that it worked well and is being defunded and privatized (think charter schools), it is also true that the system was always unequal and favored the middle class, since the value of housing determined the quality of the public schools.Short excerpt from Requiem for the American Dream, which I highly recommend.
Topics:
Matias Vernengo considers the following as important: Neoliberalism, Noam Chomsky, Privatization, Public education
This could be interesting, too:
[embedded content] Defunding a program is the best way to promote privatization. He discusses here public education, but you can go down the line. The idea of voucherizing Medicare is basically a way of defunding it, worsening its quality and eventually move to private health (you get it if you pay for it). And on education note that while Chomsky is right that it worked well and is being defunded and privatized (think charter schools), it is also true that the system was always unequal and favored the middle class, since the value of housing determined the quality of the public schools.Short excerpt from Requiem for the American Dream, which I highly recommend.
Topics:
Matias Vernengo considers the following as important: Neoliberalism, Noam Chomsky, Privatization, Public education
This could be interesting, too:
Matias Vernengo writes Keynes’ denial of conflict: a reply to Professor Heise’s critique
Matias Vernengo writes Podcast Failures: Friedman and Chile, Hume and Public Debt
Robert Vienneau writes Labor And Land Are No Commodities
Matias Vernengo writes The menace of the myth of General Pinochet’s Chilean economic miracle
Short excerpt from Requiem for the American Dream, which I highly recommend.