Well, not exactly true, but my article on our bubble baron investigation was published today on AlterNet. Thank you for all of your research! The article shares some highlights from the project: their philanthropic and investment habits, the tribal aspects of bubble-baronism, their pathologies and obsessions, and what it means for us. Here is an excerpt:
I asked our team of citizen journalists to speculate as to why these bubble barons loved charter schools so much. This answer, a "gut feel" response from markroussey, probed the depths of the bubble baron psyche:
If the charter school movement isn't about enhancing the process of social selection, as markroussey writes -- if Arnold and other charter school advocates really want to "scale" student production -- then there is a significant question looming over all of this philanthropic activity.
Namely: what jobs will be available to the children who benefit from the bubble barons' vision of a more competitive school-marketplace? Where will they take the gold stars they earn at their charter school? Will they land an $8/hr job selling tickets at one of Stephen Schwarzman's amusement parks? A job in one of the deadly coal mines that Stanley Druckenmiller invests in?
Or perhaps they will score a good job at a hedge fund like Arnold's, cheating consumers out of their gas money?
"Charter schools are more controllable than public schools, and Bubble Barons like to control things, especially things that affect them or their children, or perhaps the children of those they care for or wish to have control over. They may even see Charter schools as "breeding grounds" for future employees, perhaps as feeders to certain Ivy Leagues schools..."
If the charter school movement isn't about enhancing the process of social selection, as markroussey writes -- if Arnold and other charter school advocates really want to "scale" student production -- then there is a significant question looming over all of this philanthropic activity.
Namely: what jobs will be available to the children who benefit from the bubble barons' vision of a more competitive school-marketplace? Where will they take the gold stars they earn at their charter school? Will they land an $8/hr job selling tickets at one of Stephen Schwarzman's amusement parks? A job in one of the deadly coal mines that Stanley Druckenmiller invests in?
Or perhaps they will score a good job at a hedge fund like Arnold's, cheating consumers out of their gas money?
You can read the whole thing here. Most of the material for the article was drawn from your research and responses to my bubble baron questions (though I couldn't get everything in, not by a long shot!).
Thank you for all your work on this! Our next investigation will focus on bubble baron Pete Peterson and his team of social security looters. Click here to learn more.
All the best,
Kevin Connor
Co-founder, LittleSis.org
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