Thursday, July 1, 2010

Libertarian Fraser Institute gets defensive http://www.vancouverobserver.com/politics/news/2010/06/30/fraser-institute-gets-defensive

Privatization, as an agenda, isn't owned by the Fraser Institute. It has its origins in Milton Friedman's University of Chicago brand of economic theory. Naomi Klein wrote about it broadly in her book, "The Shock Doctrine." And neoliberalism is a market driven approach to economic and social policy based on neoclassical theories of economics that maximise the role of the private business sector in determining the political and economic priorities of the state.

David Hursh, a Professor at the Warner School of Education at the University of Rochester, is a specialist in neoliberalism and the American school system. “The belief is that markets are self-regulating so whatever comes out of markets is based on people making choices and that this is inevitably better than having the government interfere with people," he said.

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