
a strategy where political and corporate actors exploit the chaos of collective shocks—is used to push through radical neoliberal economic policies. These policies, such as mass privatization, deregulation, and deep cuts to social spending, are often so unpopular that they could not be passed under normal democratic circumstances.
Arne Duncan—CPS CEO 2001-2008 who led Renaissance 2010 (closed 80+ schools, mostly in Black/Latino neighborhoods; opened ~100 charters, criticized as destabilizing communities via privatization)—founded Chicago CRED in 2016 and remains its Managing Partner.
The nonprofit runs street outreach, jobs, and CBT programs targeting ~500 high-risk young men in those same South/West Side areas to interrupt gun violence cycles.