This study examines the changing nature of academic institutions caused by the globalization of the political economy at the end of the 20th century. Defining "academic capitalism" as institutional and professional market or market-like efforts to secure external monies, the authors describe how faculty and professional staff have become state ...
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. In Academic Capitalism and the New Economy, higher education scholars Sheila Slaughter and Gary Rhoades detail the aggressive engagement of U.S ...
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