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Why Pro-Market Educational Reforms Are Also Anti-Market? A Hayekian Reading

Thu, April 13, 11:40am to 1:10pm CDT (11:40am to 1:10pm CDT), Sheraton Grand Chicago Riverwalk, Floor: Level 4, Sheraton Ballroom IV and V

Abstract

Despite the fact that Hayek is regarded as the intellectual father of neoliberalism and of pro-market (educational) reforms in critical studies in the arena of education, this paper argues that the so-called neoliberal, pro-market educational policies by states and development organizations could in fact be critiqued using Hayek’s own arguments and concerns. Hence, the paper posits that the seemingly pro-market educational policies are in fact, from a Hayekian perspective, anti-market. Through critical discourse analysis of educational reforms and policies that stressed privatization, rate-of-return calculations, and entrepreneurship education, this paper shows that the forms and the effects of these top-down policies as demonstrated in critical studies were indeed what Hayek had warned against and the reason he embraced “markets”.

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