Re: Today’s Edition of Government Day

Russell: in your earlier post, it is worth noting the bright ray of light shining through thanks to the collapse of state ‘services’, this time in the education space.

“Demand for private schools rockets,” reads the heading between the two major censored areas on the front page.

Business Day reports that:

TAKING advantage of a growing market created by parents’ concerns about the poor quality of schooling provided by the state, private education company Curro is considering doubling the number of schools it owns.

Curro CEO Chris van der Merwe said the company could own 80 schools by 2020 because of rising demand from lower-middle to upper-income families.

Government school headmasters are begging the private sector for solutions to the collapse of state education, says Curro CEO Dr Chris van der Merwe, according to Business Day.

It’s also worth noting that private schooling is not only reserved for the super-wealthy. Still quoting Business Day:

The company segmented its schools into three markets targeting affluent, middle-income and lower middle-income families.

Its fees ranged from R1500 to R5 000 a month.

There is still huge room for the development of schooling solutions for the poorest of the poor families in South Africa, thanks to the search for profit.

South African citizens can be fortunate that the ANC government is inefficient. As this example again illustrates, an inefficient state fosters the parallel development and boom of the more efficient private sector, eating away at state control over the economy and civil society, which makes the ultimate democratic welfare collapse ala Greece that much less disastrous for the broader public.

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About Chris Becker

Chris Becker is Market Strategist and Economist at ETM Analytics. Becker is Co-Founder of the Mises Institute South Africa. Visit his personal blog chrislbecker.com. Follow him on twitter @chrislbecker.
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