ACADEMIA:
the largest pyramid scheme ever invented
posted by Rob at 8:34 AM
Thursday, April 13, 2006
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5 Comments:
Ha. If academia was a scheme, somebody would be making money. The only money in academia right now is in the bank accounts of WW Norton & Co.
-pat
Or, in the pockets of the shareholders of one of the publishing conglomerates that make well over a billion every year from your students.
More importantly, money is not the only form of tender within academia.
And don't hate on indie publishing!
I dunno. Academia certainly doesn't have the power that David Horowitz et al ascribe to it. And I don't hate on indie publishing, or even Norton. I'll be the first to put their critical editions and anthologies on my syllabus. They were a little behind the times in the old "politics of canon formation" department, but weren't we all.
> Academia certainly doesn't have the power that David Horowitz et al ascribe to it.
1. Horowitz is an idiot.
2. Academia has shitloads of power. Science research. Political think tanks. Neo-Classical economics. It's not just direct financial clout; academia controls the very reasoning behind the distribution of capital itself.
3. Student loans.
Dan,
You're certainly right about #s 1 & 3.
pat
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