Academic Capitalism and the New Economy
March 15, 2011
From the Publisher:
Slaughter and Rhoades track changes in policy and practice, revealing new social networks and circuits of knowledge creation and dissemination, as well as new organizational structures and expanded managerial capacity to link higher education institutions and markets. They depict an ascendant academic capitalist knowledge/learning regime expressed in faculty work, departmental activity, and administrative behavior. Clarifying the regime’s internal contradictions, they note the public subsidies embedded in new revenue streams and the shift in emphasis from serving student customers to leveraging resources from them.
Defining the terms of academic capitalism in the new economy, this groundbreaking study offers essential insights into the trajectory of American higher education.
Academic Capitalism and the New Economy: Markets, State, and Higher Education, by Sheila Slaughter and Gary Rhoades. Baltimore, Md. : Johns Hopkins University Press, 2004. 370 p. ISBN 9780801892332
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