Instead of disutility, social utility

Education is, like health care, a social utility and so society should pay for the delivery. Costs should be born by those who benefit. However when cost/benefit analysis was first introduced by economists, they were quite content to pretend that it did not matter who bore the cost and who got the benefit as long as the numbers for the latter were larger. So, we had an “objective” analysis of present value to project future benefit which almost automatically transferred public assets into private wealth. So, the impoverishment of the nation was systemic, but it was not designed to be racist. In most cases it was a matter of working people being too busy to object to the machinations of the exploiters.