Word: profit
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That is undoubtedly an uphill battle, given the resources the industry has to oppose it. Carnival, the world's biggest cruise company, netted a record $353 million in the last quarter alone. And the George Smith case didn't stop Royal Caribbean from ending the year with a record profit of $716 million. The industry can use those deep pockets to stave off concerned lawmakers. According to the Center for Responsive Politics, from January 2004 to July 2005, the cruise industry spent $2.9 million on federal lobbying, nearly $1 million more than Wal-Mart did during the same period. That...
...Lynne Wannan couldn't agree more. Since the government drastically cut funding for community-based child-care centers in the '90s, she has watched the sector stagnate. So she's about to launch Spike Children's Services, a not-for-profit company that will help desperate local parents' groups find the means to set up new centers. Community-based services are usually located in council-owned buildings and run with the help of parents' committees; working with local councils that have either land or empty buildings to offer, Spike would broker the loans and offer know...
...That's regardless of which child-care path parents choose. While the not-for-profit sector treads water, private care has grown rapidly since it became eligible for government subsidies in 1991. About two-thirds of Australia's long-day-care centers are now privately run - 660 of them by Brisbane-based ABC Learning Centres, the world's largest listed child-care provider. Not everyone welcomes the boom. Gordon Cleveland, a child-care economist at the University of Toronto, says Canadian observers are dismayed by Australia's "dependence on the corporate sector - it really frightens us." He argues that child...
...eligible to use federal aid at a particular school, the Department of Education uses the ratings of private firms to evaluate physical colleges. The current lack of a universal accreditation for online schools should not stand in the way of an otherwise worthy initiative. The glut of for-profit schools in the online school industry raises questions about the fairness of the government subsidizing students attending these schools. But the government should not refrain from funding students at online schools just because those schools happen to be for-profit institutions. Such a move would cause unjustifiable harm to students...
...social sector—which includes non-profit and non-governmental organizations—has gone through a dramatic revolution over the last 25 years, growing two to three times as quickly in the United States as other industries, William Drayton ’65 told a packed audience at the John F. Kennedy Jr. Forum last Friday. Drayton, a Rhodes Scholar, former Kennedy School professor, and Harvard Law School alum, spoke about Ashoka, an organization he founded in 1980. Ashoka—a social entrepreneurship group—is Drayton’s answer to close...