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Neoliberalism In England

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The concept of Neoliberalism expounded believe that all these public services should be made privatised i.e. made available for private sectors control with the view that market privatisation will bring competition and choice which will bring more improvement to the market industries by driving down prices. It believes that stakeholders or the private sectors should own and sell commodities. The ideology behind neoliberalism privatisation is supposedly the only answer or solution to all of the economic problems of the world in contrast to communist market system. The privatisation of these public services started obviously in England under the leadership of Margaret Thatcher in 1979. Inherent within the concept Neoliberalism is the belief that …show more content…

It turned what was state funded schools into independent state schools free to move away from National curriculum, not answerable to local people and do not have to employed professionally trained teachers. These innovations cannot be said to be positive rather they represent am attack on the core principles and fabric of the Education system in England. Even the much heralded competition that it was to introduce has not materialised and may never be realised. For example the competitive environment or atmosphere it was meant to introduce for people to make choices for them is misleading because in the education system of England, the choices to decide which school or university to attend are limited based on capital. Higher education Choices are limited to the amount of money that one or one’s parent can afford to pay for the cost of education or fees. Neoliberalism market policy in education as it apply to schools in England, appear to favour and meet only the need of the richer parents or individual in our society. While students from poorer families end up incurring debts of about £56.065 (Thecompleteuniversityguide.co.uk, 2017) from the student loan company as cost of their education which according to Martin Lewis (MoneySavingExpert.com, 2017) does have an impact in affordability checks which establish whether one can afford to make repayments on a mortgage. This will keep many students from lower income families in debts for their entire life and serve to deter future ones to embarking on Higher Education

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