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Capitalizing on crisis

Venture philanthropy’s colonial project to remake urban education

Bibliographic Data

ID12905908
AuthorsPauline Lipman (University of Illinois Chicago, corresponding author)
Year2014
Volume56
Issue2
Pages241-258
Publication date2014-09-16
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueCritical Studies in Education (JOURNAL)
Journal identifiersISSN: 1750-8487 • E-ISSN: 1750-8495
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/17508487.2015.959031
OpenAlexW2093456897
LanguageEN
Citations received40
References cited32

This article focuses on the increased power of venture philanthropy to shape education in urban communities of color in the USA. The author situates venture philanthropy’s expanded influence in urban school districts in the nexus of urban disinvestment, neoliberal governance, wealth concentration, and economic crisis. The author argues that billionaire philanthropists are using the fiscal crisis of the state to shape education policy and governance, operating as part of the ‘shadow state’. Capitalizing on austerity politics and their philanthropies’ embeddedness in the state and advocacy organizations, venture capitalists deploy their enormous wealth and political influence to restructure urban school districts that predominantly serve low-income African American, Latino, and other students of color. The goal of their neoliberal agenda is to restructure education to serve economic competitiveness and to open up the public education sector to capital accumulation. The fusion of the state and capital, through the interrelation of venture philanthropy and government at all scales, to impose policies of disenfranchisement, public school closings, privatization, and appropriation of Black urban space, constitutes a new colonialism. The article illustrates this dynamic through case studies of Detroit, Philadelphia, and Chicago

Appropriation · Austerity · Capitalism · Corporate governance · Economic growth · Economics · Management · Neoliberalism (international relations · Political economy · Political science · Politics · Restructuring · Shadow (psychology · Sociology · State (computer science · Diverse Education Studies and Reforms · Global Education and Multiculturalism · Higher Education Research Studies · Law · Public Administration

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Unique citing works40
Citations per year4
Citation span2016 - 2026 (11)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 38

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