Consuming the Academic Bubble
By . Sometimes I feel as though I’ve been swindled. Not by anyone in particular but by an institution that is relentlessly trying to prop itself up despite its progressive decline. That institution is the academy – once a public good devoted to the free production of critical knowledge, it has become in the last few decades a corporatized factory for the production of capitalist consumers and wage slaves. More than that, it has become itself a product for consumption where what’s for sale is the facsimile of intellectual freedom and integrity. Like so many extravagant island resorts, universities offer manicured landscapes, leisure activities, freedom from the wage clock – all for a price and all safely sectioned off from the harsh realities outside. But the price is going up, and students – the consumers of this image world that they are being sold – are taking on increasing amounts of debt to pay it. What’s more, they’re told this is “good debt” – like buying a house, right? Remember when owning a home was the “American Dream” – a symbol of financial security? Now that bubble has burst – the academic bubble, I believe, is not far behind it. More...