What is Corporate Capitalism?

Is UT up for sale?  January 2, 2018 – 07:01 am
EMILY FLAKE

The modern university was born out of humanism’s rejection of the feudal worldview where education was reserved for the children of aristocrats and the plentiful poor were, by cosmic design, uneducated pawns of the powerful. But political systems are like ties. What was old becomes new again. Our nation, weary of the work that would be required for humanism’s dream,  has returned to a new form of feudalism where the power of kings and queens is replaced by the wealth of a new aristocracy, and thrones have been replaced by the board rooms of those imaginary royal persons we call “corporations.’

It was Jefferson who said that democracy rises and falls with public education, and it was the website of the conservative magazine Forbes which has said there is a “stealth campaign” to privatize public education.

The University of Texas has undertaken a study of the possibility of privatizing such services as housing, food and parking. The same model was applied to Texas A&M where a similar group of business people showed how money could be saved by privatizing services. Workers were guaranteed that they would be able to keep their same jobs under the new private ownership for at least two years. As a formality, they would be asked to re-apply for their jobs, but the deal was presented as a win/win for everyone. When the smoke cleared, only 600 of the 1, 647 employees were kept on and local businesses were replaced by cheaper resources from elsewhere.

Source: jimrigby.org

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p5
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