All Scandinavian education gets branded as excellent but this is not the case. Finland’s education system is world class but Sweden’s isn’t and there is a reason: privatisation.
One of the main operators of Swedish education services – JB Education – owned by private equity company Axel – went bust in June 2013 leaving around 10,000 students without a school. In the words of the Swedish education minister, Jan Bjorklund: ‘We had a venture capital company that didn’t know much about education taking over Swedish schools… They thought they were going to make big money, discovered it wasn’t easy, got tired quickly and quit.’ Continue reading
Switzerland has turned its back on a basic income scheme, in which the federal government would have given every resident a monthly payment – expected to be around 2500 Swiss Francs ($2,500) – “regardless of their income and assets”.