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Sunday, April 25, 2021

"Capacity-ism:" Florida spends $1 Billion per year on a fraudulent voucher marketplace that has created zero private education capacity. A documentary. - Public Enemy Number 1

"Capacity-ism:" Florida spends $1 Billion per year on a fraudulent voucher marketplace that has created zero private education capacity. A documentary. - Public Enemy Number 1
"Capacity-ism:" Florida spends $1 Billion per year on a fraudulent voucher marketplace that has created zero private education capacity. A documentary.
$1 billion per year has produced few -- if any -- products worth buying in Florida's voucher marketplace. That's because markets alone don't create capacity; and there is no equity without capacity.



Put aside what you think about Jeff Bezos and Amazon as person and company. This article isn’t about either; it’s about school vouchers. But I saw Bezos use a thought-provoking phrase in his annual stockholder letter. I find it quite helpful in assessing the catastrophic human and economic failures of Florida’s school voucher programs.

“If you want to be successful in business (in life, actually), you have to create more than you consume. Your goal should be to create value for everyone you interact with.” 

Again, put aside whether you think Bezos or Amazon do that. Put aside how easily that statement can lead you to eugenics if you follow its logic into human existence. Put aside the fuzzy definitions of creation and consumption. Let’s just take it on business/economics/marketplace terms.

Doug Tuthill’s schools and organization consume *infinitely* more than they create — here’s a documentary

No institution of any kind in America consumes more money and creates less value than Florida’s voucher school provider network. None. Florida’s failed voucher schools have the worst consumption-to-creation ratio of any large-scale business or private function I have ever seenStep up for Students, as an organization, consumes so much more than it creates that it’s virtually impossible to quantify the disproportion. Here’s a taste, from an organization that provides zero active quality oversight of its schools or marketplace.

Step Up has the money to spend. It takes a 2.5-3% administrative fee on every CONTINUE READING: "Capacity-ism:" Florida spends $1 Billion per year on a fraudulent voucher marketplace that has created zero private education capacity. A documentary. - Public Enemy Number 1