"I know no safe depository of the ultimate powers of the society but the people themselves; and if we think them not enlightened enough to exercise their control with a wholesome discretion, the remedy is not to take it from them, but to inform their discretion by education. This is the true corrective of abuses of constitutional power." - Thomas Jefferson 1820

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Monday, October 17, 2011

OWS Won't Like This Story. Capitalism Worked for These Students.

Here's a video from John Stossel on "Teaching Capitalism in Schools" via Common Cents. The difference this teacher has made in his students' lives is truly amazing. At one time, this school was the worst in New York City according to test scores. I wonder what these students think about the protests on Wall Street and throughout the globe?

Is it that capitalism is wrong or that crony capitalism (such as in the implementation of common core standards and the pre-selected vendors who will realize a financial windfall) and the power and control resulting from this crony capitalism the primary issue?

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John Stossel - Teaching Capitalism in School:

Capitalism has lifted more people out of poverty than any other economic model in history. Countless millions of people have been able to achieve successful lives thanks to Capitalism. John Stossel explores a school in New York City that is teaching Capitalism in their curriculum.




Here is the link to the youtube video. It's quite thought provoking. He's equipping students to take care of themselves and they are developing self-determination and self-respect. What a novel idea. He's not waiting for the consortium to tell him what and how to teach students to make them successful in life.

"Capitalism 101" probably won't make the cut for the standards. It will probably be politically incorrect in the global view of education. Because not everyone can open (or wants to open) their own business, it's not "democratic", so let's not make those unable (or who just don't want to) feel left out. That type of thinking might be agreeable to those in the OWS movement.

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