In this post, Tom Ultican takes a close look at the takeover and privatization of the Indianapolis school district, funded by billionaires and managed by a well-funded group called The Mind Trust (which, of course, claims to be deeply concerned about “civil rights,” while stripping parents of color of their right to elect a school board that represents them). By Ultican’s reckoning, nearly 64% of the students in Indianapolis now attend privately managed schools.

He writes:

With the introduction of Innovation schools in 2015, Indianapolis Public Schools quickly became the second most privatized taxpayer supported schools system in America. It has zoomed past Detroit and Washington DC in the privatization sweepstakes to only trail the poster child for disaster capitalism, New Orleans. The right wing billionaire funded organization, The Mind Trust, has played a major role in this outcome.

He provides a handy list of the major funders of this betrayal of the public trust. Leading the charge is the Lilly Endowment, with a donation of $22.7 million, followed by the City Fund (Reed Hastings and John Arnold) at $18 million. And there are other familiar names, well known in the disruption industry.

Ultican traces the history of the disruption/privatization industry in Indianapolis and finds that its origins can be traced to the far-right extremists of the American Legislative Exchange Council (ALEC) and the Koch brothers. You will not be surprised to learn that Teach for America and TNTP (the organization founded by Michelle Rhee) are integral to the privatization of Indianapolis’s schools. And Relay “Graduate School of Education” (the one with no real faculty or campuses or professors or researchers or library) is also in the mix.

Ultican reviews the sorry situation in Indianapolis, where disrupters have pulled the wool over the eyes of the public and the media with their dazzling sums of money, and he speculates about why billionaires are so devoted to undermining public schools and the teaching profession:

Why are billionaires spending so much to undermine professionalism in public education? It is probably not altruism. More likely, they want to reduce the biggest cost associated with education; teacher’s salaries. In the antebellum south, plantation owners preached anti-tax ideology because they owned the most and paid the most. Today’s billionaires aren’t much different. Most of them won’t put their children in public schools and really don’t value high quality public education. It seems the big motivation is to reduce tax burdens and simultaneously create new education industries.