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Wednesday, October 9, 2019

Shawgi Tell: The World Can End But Charter Schools Are Here To Stay Forever | Dissident Voice

The World Can End But Charter Schools Are Here To Stay Forever | Dissident Voice

The World Can End But Charter Schools Are Here To Stay Forever

This is another version of: it is easier for capitalists to imagine the end of the world than it is for them to imagine the end of capitalism.
Charter schools are pay-the-rich schemes that emerged in the midst of the neoliberal period that was launched at home and abroad in the late 1970s.
Charter schools are one of many mechanisms the rich have concocted since the 1980s and 1990s to counter the unavoidable law of the falling rate of profit under capitalism.
Mainstream economists often refer to this inescapable law as the law of diminishing returns. This is when the “return on investment” (ROI) is lower than the investment itself, especially over time. Diminishing returns are a built-in tendency of capitalism that affect the capitalist economy as a whole.
To avert the inevitable fall in the amount and rate of profit over time, capitalists necessarily concoct antisocial ways to increase their profits in the course of competing with other owners of capital. This can take the form of more aggressive advertising, changing expiration dates on products, charging people more fees and taxes for commodities and services, planned product CONTINUE READING: The World Can End But Charter Schools Are Here To Stay Forever | Dissident Voice