Academic Capitalism And The New Economy Pdf

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academic capitalism and the new economy pdf

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The article is based on 30 qualitative interviews with scholars in philosophy, Romance languages and history.

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Economists , historians , political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice.

Academic Capitalism and the New Economy

The first involves a reductio ad absurdum argument about different potential steps in the economization, marketization and financialization of education and research and is illustrated from recent changes in higher education. The second maps actual strategies of the entrepreneurial university and their role in shaping academic capitalism. The article ends with suggestions for a research agendum that goes beyond thought experiments to substantive empirical investigations. In his once highly acclaimed book, The Coming of Post-Industrial Society Bell , Daniel Bell predicted that 1 knowledge would replace capital as the critical factor of production as societies moved to post-industrialism, 2 intellectual technologies for planning the public good would displace mechanical technologies used to boost private profit, and 3 universities would supersede industrial enterprises as the dominant kind of social organization. But there has also been a shift in primacy from industrial to financial capital as well as a growing financialization of most social relations van der Zwan

Include Synonyms Include Dead terms. Direct link. As colleges and universities become more entrepreneurial in a post-industrial economy, they focus on knowledge less as a public good than as a commodity to be capitalized on in profit-oriented activities. Slaughter and Rhoades track changes in policy and practice, revealing new social networks and circuits of knowledge creation and dissemination, as well as new organizational structures and expanded managerial capacity to link higher education institutions and markets. Clarifying the regime's internal contradictions, they note the public subsidies embedded in new revenue streams and the shift in emphasis from serving student customers to leveraging resources from them. Defining the terms of academic capitalism in the new economy, this groundbreaking study offers essential insights into the trajectory of American higher education. Contains 5 line drawings.

Academic Capitalism in the New Economy: Challenges and …

As colleges and universities become more entrepreneurial in a post-industrial economy, they focus on knowledge less as a public good than as a commodity to be capitalized on in profit-oriented activities. Slaughter and Rhoades track changes in policy and practice, revealing new social networks and circuits of knowledge creation and dissemination, as well as new organizational structures and expanded managerial capacity to link higher education institutions and markets. Clarifying the regime's internal contradictions, they note the public subsidies embedded in new revenue streams and the shift in emphasis from serving student customers to leveraging resources from them. Defining the terms of academic capitalism in the new economy, this groundbreaking study offers essential insights into the trajectory of American higher education. Subscribe Now. Table of Contents.


PDF | On Apr 30, , Sheila Slaughter published Academic capitalism and the new economy: Markets, state and higher education | Find.


Varieties of academic capitalism and entrepreneurial universities

ISBN: Yet "academic capitalism" in this text constitutes not only "generating external revenues" p. In a neoliberal state, the new economy focuses not on social welfare but on wealth production and on "enabling individuals as economic actors" p. Eschewing arguments that the new economy "causes" academic capitalism, the authors detail conditions that orient institutional actors away from a public good knowledge regime, which values "knowledge as a public good to which the citizenry has claims" p.

Painstakingly researched Sheila Slaughter and Gary Rhoades warn of increasingly blurred boundaries among higher education, the state and the world of commerce. They certainly have done their homework. Bowen Academe Unlike other recent popular works,

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Academic Capitalism and the New Economy

The system can't perform the operation now. Try again later. Citations per year. Duplicate citations. The following articles are merged in Scholar. Their combined citations are counted only for the first article.

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1 Comments

  1. Oriana O. 06.01.2021 at 15:51

    Slaughter and Rhoades track changes in policy and practice, revealing new social networks and circuits of knowledge creation and dissemination, as well as new.