Home > Uncategorized > California: Meet the Billionaires Who Are Financing the Spread of School Privatization

California: Meet the Billionaires Who Are Financing the Spread of School Privatization

Diane Ravitch provides a rogues gallery of “reformers” including the Waltons, who pillage food stamp funds, the Arnolds, who want to deny pensions to public employees, and Reed Hastings, who finds democracy to be a nuisance.

Diane Ravitch's blog

The California Teachers Association created a useful graphic of the billionaires who are supporting charter schools and privatization of public schools. (There are many more billionaires supporting privatization, but this is a good start.)

Here are a few things you should know about the people on this site.

The Waltons are probably the richest family in America. Forbes estimates their family fortune at $130 billion. Privatizing public education is a family hobby or passion. Wherever there is a critical election, whether in Washington State or Georgia, you are likely to find that a Walton has put in big money to help those who want to replace public schools with private management. They don’t like unions. They boast that they have funded one of every four charters in the nation. I don’t know if any of them have a union, but I doubt it. Walmart is non-union, and it has thrived–for…

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