from Wrench in the Gears
June 21, 2018
James Heckman and Robert Dugger, with support from philanthropies like the Pew Charitable Trusts and venture capitalists like JB Pritzker, have carefully honed a sales pitch for investment in early childhood education. After years of practice, it is now a well-oiled machine. The Heckman Equation promises high rates of return to investors willing to swallow the repugnant premise that through “evidence-based” programs, the character traits of at-risk toddlers will be “fixed.”
A new industry of social-emotional interventions is emerging that will supposedly assess, tweak and maximize a child’s human capital potential; set aside for a moment the fact that we’ve absolutely no idea what society’s human capital needs will actually be in the coming era of AI and automation. According to Heckman’s logic, once assessments indicate a child (likely a Title-One child) is not predicted to be a burden on society, their claims to future public services can be forfeited and diverted to “socially conscious” investors as profit. Should circumstances result in children needing public services as an adult? Too bad, that money will have long ago been channeled over to the coffers of Goldman Sachs.