November 26, 2017
Through
predatory public-private partnerships, global financiers are in the process of
digitizing not only our education system, but many other aspects of public
service delivery. This 10-minute video provides an overview of “Pay For
Success” and social impact bonds, detailing how their operations hinge on intrusive
and oppressive collection of data from our classrooms, homes, jails, and
clinics.
By
defining “success” in narrow terms suited to outcomes-based contracting,
powerful investors will control how public services are delivered. Securitization
of debt associated with program operations will turn our lives, including those
of our children, into fodder for financial speculation. YouTube
categorized this video as a comedy; perhaps based on the whimsical nature of
the collages. After watching it, however, I’m confident you’ll see it’s truly a
horror show. A slide share version of the video can be viewed here and
a PDF of the script is available here.
I wish to
express my deep appreciation to all who offered support and input on the
creation of this piece, especially Dr. Tim Scott whose groundbreaking research
is foundational to understanding this topic (read more here, here and here)
and Mary Porter for her valuable editorial insights. The artwork was prepared
with scissors and construction paper at my kitchen table with the goal of
making this critical information accessible to a wider audience. My hope is
that it will pique your interest and spur you to explore the linked resources
that follow.
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