Adam Smith Institute

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The market: The guarantor of social justice

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Don’t think for a minute that parents in the best state schools have not paid for their education: they have, in the extra they pay for their house. Nowhere (apart from protection from crime) does the money spent on behalf of the poor buy them so much less than money spent on behalf of the rich. The market does not discriminate in that way. Gove’s profit-seeking schools will open where demand is greatest (by definition, in the areas where dissatisfaction with local schools is the highest). As even the Swedish left accepted, the profit motive is the surest guarantor of social justice.

Fraser Nelson ‘Gove must guard against the vested interestsThe Spectator