In an era characterized by globalization across myriad sectors, industries, technologies and social movements, it may come as no surprise that we are also seeing the rise of an education industry on a global scale. Of course, the participation of private interests in education is hardly a new phenomenon. Parents and students seek individual advantage through education, and their interests are evident in activities such as paying tuition fees, fundraising, or taking up residence near a “better” school. Yet, even as a largely state-maintained sector, schools are not run on the philanthropic impulses of teachers, administrators, education soware developers, or textbook publishers, since each also seeks some personal return in exchange for his or her eorts at educating children. One is reminded that Adam Smith’s famous observation – “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest” – applies to the education sector as well.