Preface
Chapter 1: Chartering Schools
Chapter 2: An Entitlement Mentality
Students as Business Assets
Chapter 3: Something Happened
Selling the Charter School Concept
Chapter 4: De-professionalizing American Public Education
Repealing Labor Laws
Take Care of Business
Chapter 5: What about the Sermon on the Mount?
Chapter 6: The Good Old Days
Chapter 7: Public or Private
Chapter 8: A Contracted Service
Chapter 9: “All Politics is Local”
Chapter 10: Deregulating a Public Good
Chapter 11: The Myth of Self-Correcting Free Markets
Chapter 12: Financial “Tells”
Comparing Market Sectors’ Debt
Chapter 13: Espoused Theories vs Theories in Use
Consumer Choice without Consumer Responsibility for that Choice
Chapter 14: Retirement Heist
Chapter 15: Investing in the General Welfare
Privatization Creep
Chapter 16: Market Meltdown
The Issue with Long Term Leases with a Related Party
Chapter 17: Controlling the Nation’s Educational Agenda
Chapter 18: The Economics of School Choice
Chapter 19: False Analogies
Chapter 20: Capitalism and Democracy
An Economic versus a Political Theory of Action
Historical Context
Personal Financial Responsibility is an American Value
The “Greatest Generation” got it Right
Scientific Management
Chapter 21: A Corporate Culture
A Financial House of Cards
Real Estate Acquisition Companies
Exacerbating the Debt Problem
Long Term Leasing Commitments with Related Parties
Underwater Real Estate Holdings
Overleveraged Long Term Debt and Commitments
Chapter 22: Is this Any Way to Run a Business?
Double Standards for Fiscal Accountability
There are No Fail Safes Built into the Model
Defining Unsustainable Losses in a Growing “Free Market”
Theoretical Safeguard
Threatened Educational Capital Sources
Backpacks full of Debt guaranteed by Students’ Backpacks full of Cash
Chapter 23: Lost Political Capital
Chapter 24: The Role of the Federal Government in Public Education
Precedents for Federal Involvement in Education
Origins of the Federal, State, and Local Control Debates
Chapter 25: The Goals of an American Public Education
Communities Matter
Celebrate all of our Successes
Chapter 26: Cashing In - Greed is “Good”
The Profit Motive: A Case in Point
The Theory of the Firm
New Rules
Chapter 27: An Educational Vision versus an Economic Theory of Action
Chapter 28: Philosophical Dissonance
The Fight for Equalized Opportunity Funding
Chapter 29: Enough Already