Wednesday, November 26, 2014

Modern Capitalism and Education

"The corruption of the meaning of words is a necessary consequence of an economy as skewed towards the elites as our broken economy is. . . . What happens to the liberal notion of advancement through education when the economy is skewed around a low-wage, low-skill service sector for the ‘proles’ and for the professionals, financial services, real estate and advertising – jobs that all require a fair degree of institutionalised lying? What happens is that advancement through education becomes itself a lie – except for the elites who enter the top jobs through the nexus of private schools and Oxbridge and go onto dominate the state apparatus, business sector and the media." -Michael Wayne, Open Democracy:  https://www.opendemocracy.net/michael-wayne/does-capitalism-need-mass-higher-education