We need to align their rewards with real-world achievement.

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We must not lose our collective faith in capitalism because it has proven to be the only social system that rewards individual ability, initiative and achievement.

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So instead of just pouring more money into America's schools, regardless of their performance, we launched a national competition between states that only rewards success and reform -- reform that raises student achievement, and inspires students to excel in math and science, and turns around failing schools -- failing schools that steal the future of too many young Americans.

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