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From The Socialist newspaper, 31 January 2018

Failing academy chain strips school assets - end academisation!

Teachers and students successfully struck against 'academy' status in Lewisham, south London, in 2015, photo Socialist Party

Teachers and students successfully struck against 'academy' status in Lewisham, south London, in 2015, photo Socialist Party   (Click to enlarge)

Adam Abdullah, school student

In businesses when cuts are made, they sell off their facilities and equipment in the interest of maintaining profits. Now that's what's happening with our schools.

In December police confirmed they were looking into "asset stripping" by the Wakefield City Academies Trust which 21 schools are part of.

Wakefield had announced it had to get the Department for Education (DfE) to find new 'sponsors' for the 21 academies, as the "trust does not have the capacity to facilitate the rapid improvement our academies need." Turns out that in October the trust had transferred millions from school accounts to private accounts.

There was, in fact, a leaked DfE document that showed "extreme concern" at how much the trust was paying its chief executive for 15 weeks of work - 82,000. Meanwhile it was paying 440,000 into an IT firm run by the interim chief executive. All while the trust had a 16 million budget deficit!

The real question is: should we be surprised?

It's like the Tories were a classroom teacher and instructed the greediest child to distribute all the ice cream to their classmates equally. Obviously that child is going to take a huge chunk for themself and get their clothes dirty. They knew that.

Now, since the trust has announced it will begin to divest itself of these schools, it is up to the DfE to find new 'sponsors' to take over.

But how will profit-hungry academy chains make money from schools in such a financial mess? They will lie and lie, say that they care about the students, while attacking teachers and cutting resources.

Even Tory MP Robert Halfon has raised the issue in parliament, showing there is yet another crisis of the Tories' own making which could divide May's weak minority government.

The Socialist Party fights to end academisation, privatisation and 'PFI'. Our schools should be for our children to flourish in. They need to be brought back into public ownership under democratic control.

Young people are not for capitalists to profit from. Nor should the working class be expected to pay off the debts of the bosses like after the 2007-08 financial crash.

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In The Socialist 31 January 2018:


Save our NHS

NHS: use the 3 February protests as a launch pad for a mass movement

NHS we're ready to fight

Northern health campaigns conference discusses the fightback

8,000 strong petition opposes closure of Sheffield health services

Labour NHS rally reveals horrors but offers no way forward

Leicester NHS protest


Opinion

Trump as Nixon: urgent questions about press freedom and the state

Capitalism v cricket


Women's liberation

For workplace trade union organisation against sexual harassment

Presidents Club sexism scandal: what you thought

100 years since women won the vote


Socialist Party workplace news

Victory for Hackney school cleaners!

Local government workers' reps reject 2% pay offer

University workers' walkout for decent pensions

Merseyrail protest

Supermarket's slash jobs - union fightback needed

Cammell Lairds strikers demand improved pay and conditions


Socialist Party news and analysis

Labour civil war re-erupts over Haringey regeneration project

Tory infighting escalates - workers' action can oust them

Failing academy chain strips school assets - end academisation!

Capitalists fear for their system at Davos

Majority of kids poor in some areas


Socialist Party reports and campaigns

Fat cat vice chancellors schooled by Brum students

Confident London Socialist Party conference discusses key issues

Your newspaper fights with you: help fund it with May Day greetings

Bristol anti-cuts campaigners debate alternatives to the cuts


International socialist news and analysis

Stop the war on the Kurds

Sudan: Free Mohamed Satti

Vienna: 50,000 march against racism and austerity


 

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Related links:

Academies:

triangleBlairites plan to expand their very own academy chain

triangleSchool students in solitary: for full funding, not exclusion!

triangleWaltham Forest Socialist Party: Building the movement for socialism this autumn

triangleVictory: how school strike beat 'academy' privatisers

triangleVictory against academisation

School:

triangleYouth strike for the climate: "There's no planet B"

triangleEnfield: striking against academisation - fighting for a no-cuts budget

triangleUnited States: LA teachers' strike defeats privatisers

triangleUnison union campaigns for school support staff action

Schools:

triangleTeachers vote 83% for strikes

triangle30% of English secondaries in deficit

triangleOver one million students strike against sexism and for inclusive sex education

Profit:

triangleSan Francisco Bay Area's toxic smoke crisis and capitalism's mismanagement

triangle75,000 kids in foster care - and counting: end cuts and for-profit care

Student:

triangleGermany: School student walkouts reject Coal Commission proposals

Teachers:

triangleIndefinite dinner ladies' and teaching assistants' strike

Students:

triangleStruggling unis account for bulk of unconditional offers - end education marketisation!

Young people:

triangleStand up against abuse - justice not racism

PFI:

triangleWorcestershire: save the libraries, reverse all the cuts

Education:

triangleUniversity and College Union elections

Children:

triangleSurrey: save our children's centres

Public ownership:

triangleWe need system change to halt climate change

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