This book provides a critical analysis of the neoliberal reform agenda of the economic governance of schools. Focusing on the role of the United States in this process, it explores the transformation of schools in this agenda from educational establishments to enterprises in a competitive education market. The study uses Bourdieu to apply a field-theoretical framework to a detailed empirical analysis of the current changes of school government. Chapters explore education bureaucracy, reform and the effect of outside organizations on pedagogy and testing. The book reveals how far the promises of corporate education reform are from reality and concludes with a plea for a realistic view of school’s capabilities. It goes beyond the state of the art with its focus on how the governance of education, school and instruction is changing with the replacement of educracy by an education-industrial complex. The book will be of great interest for academics, postgraduate students, administrators and politicians in the field of education policy, the governance of school systems and schools. The book also has an international appeal as it studies a global transformation of the field of education.