In the context of escalating criticism of university-based teacher education across the world, a clear need exists for informed defence of the field and the profession as well as critical evaluation of both teacher education and schooling. This paper takes up the issue of the 'outcomes question' in this regard, arguing the case for a strong focus on social justice as the necessary complement to an ongoing concern with academic excellence and rigor. It argues the need for teacher educators and others to look closely at the different ways that educational outcomes are currently being defined and for these differences to be made more openly and widely available for criticism and discussion. The paper seeks to contribute to debate regarding the role and renewal of teacher education, in specific relation to widespread standards movements and the public good, and the conduct and governance of education more generally.