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More and more often, large institutions like bloated corporations or swollen universities feel like giant holes where people go to mine money. The American Drea
by quacked 5y ago
More and more often, large institutions like bloated corporations or swollen universities feel like giant holes where people go to mine money. The American Dream is to have all of your paperwork in order so you can set your tent up right above a rich vein.
- crocodiletears 5y agoOddly enough, this is the most optimistic way I've seen the state of our institutions described without agressively veering into the realm of fiction
- quacked 5y agoWhat about it strikes you as optimistic? I felt pretty pessimistic when I wrote it.
- crocodiletears 5y agoThe framing of people as prospectors looking to stake out their plot of a mine. I'd have framed the analogy in the terms of a tick climbing a tree for the opportunity to latch onto a large, diseased animal. A prospector might go on to do something great with what he's extracted. A tick just wants to survive, and hopes that his meal will outlast him.
- deepnotderp 5y agoI think that’s a really, really good way to put it. The American Dream has moved away from pioneering new value streams to acquiring pedigrees/credentials that enable you to extract cash from an existing stream.
- throwaway0a5e 5y agoI sort of agree but I don't think we're quite there yet. The only time I here anyone speak favorably about owning a business that's protected by regulation or milking a professional license is if it's part of some grand scheme to make a ton of money and then cash out of <coastal state goes here>.
- deepnotderp 5y agoReally? What about “work in FAANG”, “become a doctor/lawyer” or “work at the big four”? Whenever “education is the key to prosperity” is sold as a panacea, it is always sold as a way to go work for easy cash with a credentialist moat.
- quacked 5y agoEver seen this series or author? https://thelastpsychiatrist.com/2012/11/hipsters_on_food_stamps.html https://thelastpsychiatrist.com/2012/11/hipsters_on_food_sta...
- john_moscow 5y agoThe American dream has moved to China and is doing just fine.
- jankins 5y agoThis seems like a leap. Admin has increased 45% in the same time faculty has increased 56%. And the timeframe is 20 years. Is there too much bureaucracy? I don’t know. But I don’t think this article is enough to say so. The faculty quotes don’t offer any concrete information, unless you’ve already decided what you’re going to believe, I guess.
- quacked 5y agoI definitely have already decided what I'm going to believe, and I read this article as confirming my prior beliefs. But it's not just universities--government agencies and large corporations (both of which I've worked at and with) both seem to fall into the practice of "defending a huge pipeline of cash flow and allowing the properly-credentialed to siphon off larger amounts". It's not just the increase in administration that's lead to this; I would say that the increase in administration is actually a symptom of this.
- hunger_lames 5y agoAs they say in The Wire, "We used to make shit in this company, build shit. Now we just put our hands in the next guy's pocket."
- john_moscow 5y agoOh, it gets better. A person's mind doesn't have a "nop" instruction. People won't just sit quietly with hands in pockets, they need to have goals, leaders, followers, outcasts, competing dog packs... So what we are witnessing right now is a birth of a de-facto religion with its dogmas, saints, sinners, witches, indulgence salespeople and the Holy Inquisition. And, honestly, I liked the times of building shit much more.
- MrBuddyCasino 5y agoSomeone made a table with all the woke faiths: https://cdn.substack.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F13d916eb-0db4-476b-aa19-6540243afb60_4500x4171.jpeg https://cdn.substack.com/image/fetch/f_auto,q_auto:good,fl_p...
- deleted 5y ago[deleted]
- quacked 5y agoHere's a fantastic paper you might find interesting: https://s3.amazonaws.com/s3.documentcloud.org/documents/69746/hart-smith-on-outsourcing.pdf https://s3.amazonaws.com/s3.documentcloud.org/documents/6974...