Latest News and Comment from Education

Saturday, October 6, 2012

Schooling in the Ownership Society: Latest corporate reform buzz words -- 'Portfolio Management'

Schooling in the Ownership Society: Latest corporate reform buzz words -- 'Portfolio Management':


Latest corporate reform buzz words -- 'Portfolio Management'

The term “portfolio management” is borrowed from Wall Street, where the idea is to buy winning stocks and sell losers. -- The Notebook
It was originally an idea of early school reformers in New York and other cities, as a way to make innovative inroads into large, bureaucratically run school districts piece by piece. But like so many good reform ideas, the notion of downsizing and decentralizing has been largely taken over by today's corporate reformers bent on school privatization.

The latest plan cooked up by corporate reformers is called, portfolio management. That's where a collection of