Goodbye faculty: What’s the point of a University anyway?
<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/la-poule-aux-oeufs-dor-movie-poster-1905-1010535234-226x300.thumbnail.jpg" alt="" title="" class="image image-thumbnail" width="75" height="100" /></span>Education has a remarkably inelastic demand curve and even in a contracting economy people will spend their last dollars to educate their children. Along with healthcare, high-tech weaponry, food, water, drugs, and internal ‘security’, Americans will pay almost any price for education, which is why the Right has furiously worked to privatize it and as well the rest of these. In a time when economies around the globe are stagnating (due to flattening or declining net emergies) they are the last growth industries of the capitalist growth economy.</p>
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