The globalization of the political economy at the end of the twentieth century is destabilizing the traditional patterns of university professional work. One of the major changes that has taken place as a result of globalization is that faculty, who were previously situated between capital and labor[...]
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 Gar[...]
Today, nearly every aspect of higher education - including student recruitment, classroom instruction, faculty research, administrative governance, and the control of intellectual property - is embedded in a political economy with links to the market and the state. Academic capitalism offers a power[...]