Showing posts with label managerial capitalism. Show all posts
Showing posts with label managerial capitalism. Show all posts

Thursday, March 20, 2014

Henry Giroux — Beyond Neoliberal Miseducation

The purpose of a liberal education is to educate individuals for living a good life in a good society. The fundamental questions that the ancient Greeks asked were, what is a good life, and what constitutes a good society.

Meanwhile....
As universities turn toward corporate management models, they increasingly use and exploit cheap faculty labor while expanding the ranks of their managerial class. Modeled after a savage neoliberal value system in which wealth and power are redistributed upward, a market-oriented class of managers largely has taken over the governing structures of most institutions of higher education in the United States. As Debra Leigh Scott points out, “administrators now outnumber faculty on every campus across the country.” [1] There is more at stake here than metrics. Benjamin Ginsberg views this shift in governance as the rise of what he calls ominously the “the all administrative university,” noting that it does not bode well for any notion of higher education as a democratic public sphere. [2]
A number of colleges and universities are drawing more and more upon adjunct and nontenured faculty — whose ranks now constitute 1 million out of 1.5 million faculty — many of whom occupy the status of indentured servants who are overworked, lack benefits, receive little or no administrative support and are paid salaries that increasingly qualify them for food stamps. [3] Many students increasingly fare no better in sharing the status of a subaltern class beholden to neoliberal policies and values and largely treated as consumers for whom education has become little more than a service. Too many students are buried under huge debts that have become a major source of celebration by the collection industry because it allows them to cash in on the misfortune and hardships of an army of indebted students.... 
Moyers & Co.
Beyond Neoliberal Miseducation
Henry Giroux |  Global TV Network Chair Professorship at McMaster University in the English and Cultural Studies Department and distinguished visiting scholar at Ryerson University, both in Canada

Tuesday, December 17, 2013

David Ruccio — Why 2 big 2 jail?


Cuts to the chase.

Occasional Links & Commentary
Why 2 big 2 jail?
David F. Ruccio | Professor of Economics University of Notre Dame Notre Dame

See also Mark Buchanan, Can you spell FRAUD? at The Physics of Finance.

Saturday, September 21, 2013

Peter Radford — Business schools and inequality [HBS smackdown]


Peter Radford smacks down his alma mater, Harvard Business School, as perverted. Harsh. Managerial capitalism at its worst. The good new is that now the public is waking up to the fact that the managerial class is engaged in class warfare against them.

Real-World Economics Review Blog
Business schools and inequality
Peter Radford

See also:

Truthout | Opinion
Debating Capitalism - Redefining Outdated Terms
Richard D Wolff | Professor ofEconomics Emeritus, University of Massachusetts, Amherst