Political policy have many aims not just facilitating markets.

Private education in India has poor quality because of the mentality of the management. Secondly, the world over whenever colleges have lost public funding quality has fallen. Education from UK is no longer prized as they used to be by international students because falling public investment has left most public universities dilapidated and the new private universities are no better than the ones at home. In the US, the privately-owned universities receive massive public funding in the form of grants, research funding etc. Moreover experiments in private schooling with public funding(voucher system) have failed in some countries.

I see that this post of yours was triggered by a summary of yazadjal’s posts.

Smoking can be blamed only on the smokers?
Cali Energy crisis caused not by enron but by regulations?
Food not McDonald’s fault?
And most insane of all Bhopal Gas tragedy the fault of the govt. and not corporations?

Seriously, you guys remind me of Communists who had a simple prescription for every problem in the world. Solutions that have no relation to reality on the ground.

Joseph Stiglitz provided a good insight when he said to the effect that the people on the Right are ideological and fanatic in their beliefs. To me it seems no amount of evidence would convince them otherwise. Just like the Communists of yore.

Corporations do go around shopping for poorer labour standards, lax environmental regulations etc. They even lobby with the govt. for lax standards that benefit them(though not the other corporations in their industry.)

Corporations want govt. regulation just as much as people do. They want a lot of it so that they can tilt the scales to their advantage.

I agree with WMD(a poster on another comment section) about the intriguing obsession with “Nehru.”