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Academic Capitalism and the New Economy. Markets, State, and by Sheila Slaughter

By Sheila Slaughter

As faculties and universities turn into extra entrepreneurial in a post-industrial economic climate, they specialise in wisdom much less as a public strong than as a commodity to be capitalized on in profit-oriented actions. In Academic Capitalism and the recent Economy, better schooling students Sheila Slaughter and Gary Rhoades element the competitive engagement of U.S. greater schooling associations within the knowledge-based economic system and examine the efforts of schools and universities to boost, industry, and promote examine items, academic prone, and patron items within the inner most marketplace.

Slaughter and Rhoades music adjustments in coverage and perform, revealing new social networks and circuits of information production and dissemination, in addition to new organizational constructions and elevated managerial means to hyperlink larger schooling associations and markets. They depict an ascendant educational capitalist knowledge/learning regime expressed in school paintings, departmental job, and...

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Additional info for Academic Capitalism and the New Economy. Markets, State, and Higher Education

Sample text

We see the salient characteristics of the new economy for colleges and universities as being its global scope, its treatment of knowledge as raw material, its non-Fordist production processes, and its need for educated workers and consumers. Global Scope Unlike Academic Capitalism (1997), we do not focus on the global dimensions of higher education in this book. Although we recognize its growing importance, we think that concentration on the global dimensions of colleges and universities can occlude our view of the many new mechanisms, organizations, networks, and market practices that connect higher education to the new economy in any one country.

Sperling used his profits from for-profit education to clone his dog, Missy. The Missyplicity project captures many of the promises, pitfalls, ironies, and contradictions that characterize the changing relations of colleges and universities to the new economy. The project was made possible by profits from for-profit higher education for adults, which depends on treating education as an alienable service rather than as a public good, and relies on mechanisms such as copyrighting and commercialization of instruction via part-time faculty and on-line education.

We see significant changes occurring across research/graduate and undergraduate education and in professional schools, as well as in science and engineering. We conceptualize these changes as a shift from a public good knowledge/learning regime to an academic capitalist knowledge/learning regime. The changes we discuss encompass instruction as well as research, involve administrative and trustee activities, and attend as much to student consumption as student learning. A second point that distinguishes our work from that of others is our attention to networks of actors that link universities to each other, to corporations, and to various state agencies.

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