"The market is correcting itself". It seems Adam Smith's Invisible Hand has left no stone unturned but the paradox is that soon his ideas, along with those of K

"The market is correcting itself". It seems Adam Smith's Invisible Hand has left no stone unturned but the paradox is that soon his ideas, along with those of Keynes, Marx, Ricardo, Galbraith and Friedman will only be familiar to the elites who can afford a purely academic education which we, here in the UK, received free for 25 years after 1962. The rest will be chasing their accountancy or AI qualifications, discussing quantitative techniques in the Students Union bar instead of arguing about current affairs and joining campaigns. A sad contrast with the colourful intellectual climate of the 70s in UK universities. I returned to visit my old university recently only to find the campus full of soul-less franchises and real refectories replaced with a single pay-as-you-go food outlet. The post-it-note-plastered walls of the Students Union I knew have gone, replaced with framed commercial advertising. The population has increased four-fold since I was there yet the Philosophy department is threatened with closure. I kinda knew I had it good while I was there but not how good. I watched Thatcher's reforms gradually erode the student grant in the 80s but no-one could have predicted university life would end-up where it is now with students dependent on unscrupulous landlords hiking rents well above what student loans will cover.