To profit or not to profit, that is the question…

Where do you stand: should school be for-profit or not?

“[t]he indignation shown by many people today at the mention of the very word profit indicates how little understanding there is of the vital function that profits play in our economy.” (Hazlitt, 1948:5 in Stanfield, 2012:29)

“While other goals such as social responsibility and provision of good jobs to the community are considered important by [for-profit] firms, they seldom compete with profit-making in the organisation’s hierarchy of purposes.” (2008:24)

‘evidence from history and the present day…clearly shows that there is no conflict between the profit motive and the provision of good-quality learning and education of all forms’ (Stanfield, 2012:39).

”a school is, of course, a business, but the bottom line is more than dollars and cents and its paradoxes a reality for many school leaders” (2001:164).

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Dr Denry Machin

Dr Denry Machin

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Educationalist. Writer. Sharing (hopefully wise) words on school leadership and management.