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Yes. Universities, and higher education in general (in the US) has optimized to capitalistic gains. And as a result the institutions are happy to accept the fun
by sircastor 4y ago
Yes. Universities, and higher education in general (in the US) has optimized to capitalistic gains. And as a result the institutions are happy to accept the funding guaranteed through the government - this is actually preferable.
It should be easy and cheap to get a good, extensive education. But again, optimized for capitalism, the institution favors money.
- yucky 4y agoOptimized for capitalism? Universities are propped up by Government-backed loans and special rules that forbid people from discharging those loans through bankruptcy. The colleges and universities are guaranteed to get their money no matter what. It's about as anti-capitalist as you can get.
- brewdad 4y agoIt's the modern American form of capitalism. Privatize the gains and socialize the losses. In this case, the schools get guaranteed funds and the students will pay the bill until it is paid in full or they die.
- yucky 4y agoIf we're playing by those linguistical rules then the Nazi's really were socialists and the Democratic People's Republic of Korea really is democratic.
- bojangleslover 4y ago100% Capitalism would force the colleges to have skin in the game.