Ross Gittins thinks that subsidising private schools means subsidising wasteful status competition.
A persistent line of social criticism argues that status competition is wasteful when people pay a premium for something that is not functionally superior but confers greater social status. Gittins uses the example of a a BMW versus a ‘perfectly satisfactory’ Toyota.
The public school lobby endlessly obsesses over a fairly small number of genuinely high-status schools – Sydney Grammar, MLC, Scotch, Ascham etc. Perhaps trying to get your kid into one of these is ‘status competition’ – though it could be just ensuring your kids get the same high standard of facilities at school that they get at home. Ross has a history of being over-confident in inferring motives from behaviour. Read the rest of this entry »