An analytical appraisal of key documents on Ghana's education suggests that her post-independence education policy has evolved from predominantly socialist and social democratic ideals towards neo-liberal and capitalist ideological policy direction over time. This article traces and documents this discursive shift in Ghana's education policy discourse(s). In the process, the article presents and discusses effects of the shift in policy direction and language of implementation on Ghana's recent education reform initiatives. Essentially, the article argues that the visible changes in Ghana's education policy discourse, owing particularly to the advent of neo-liberal discourse of vision of international competitiveness may not support the achievement of the goals of recent education reform initiatives on a sustainable basis. The article concludes against this backdrop that at this moment in time, Ghana's education policy needs to focus on capacitating students with skills, knowledge and expertise to enable them deal with her domestic problems rather than subjugating her internal and national priorities to a mirage of international credibility criteria of the World Bank, International Monetary Fund (IMF) and other pro-capitalist institutions