“Human beings are born equal” is the spirit of any democratic country and the goal it strives for. Many studies, especially status attainment studies, have found that occupation is the best single indicator of a person’s social status, and education is the most important variable in occupation acquisition. The idea of the equality of educational opportunity thus emerged of the premise that education is an important force in advancing social equality. There concepts have dominated the educational reform policies in most democratic countries since the 1980s. They are: liberalization, individualization, and marketization. Education is viewed as commercial merchandise and is governed under the same rules of any entrepreneurial enterprise, which include competition, free choice, and accountability. The current of thought underlying such policies was labeled “the new Right” by scholars and has had significant impacts on the practice of educational reform as well as the conceptualization of the equality of educational opportunity in the Western countries. In recent years, educational reform in Taiwan centered on the idea of deregulation, a economics concept, and brought into practice such policies as heightened tuition in higher education, the commendation and application system for upper secondary and tertiary education enrollment, parental school choice and school based management. The tendency underlying such reform efforts was apparently in line with the New Right in the Western countries. What will their impacts be? Will they lead us into the trap of “social Darwinism?” Will the equality of educational opportunity be sacrificed? These issues are worth probing. This study reviews the impacts f “the New Right” educational reform movement on the equality of educational opportunity in both the Great Britain and the United States, and foreshadows their possible impacts on and implications for educational policies and practice in Taiwan. Based on the Western experience and research literature, the author calls for further reflections on the meanings of current reform policies and practice and warns against their possible negative effects on the equality of educational opportunity and on social justice.