Academic Capitalism and the New Economy : Markets, State, and Higher Education

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 Gary Rhoades detail the aggressive engagement of U.S. higher education institutions in the knowledge-based economy and analyze the efforts of colleges and universities to develop, market, and sell research products, educational services, and consumer goods in the private marketplace. 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... Cover Page......Page 1 Title Page......Page 3 Copyright Page......Page 4 Dedication......Page 5 Contents......Page 6 List of Figures and Tables......Page 7 Acknowledgments......Page 8 1: The Theory of Academic Capitalism......Page 11 2: The Policy Climate for Academic Capitalism......Page 46 3: Patent Policies: Legislative Change and Commercial Expansion......Page 80 4: Patent Policies Play Out: Student and Faculty Life......Page 120 5: Copyright: Institutional Policies and Practices......Page 145 6: Copyrights Play Out: Commodifying the Core Academic Function......Page 172 7: Academic Capitalism at the Department Level......Page 197 8: Administrative Academic Capitalism......Page 223 9: Networks of Power: Boards of Trustees and Presidents......Page 250 10: Sports ‘R’ Us: Contracts, Trademarks, and Logos, by Samantha King and Sheila Slaughter......Page 270 11: Undergraduate Students and Educational Markets......Page 294 12: The Academic Capitalist Knowledge/Learning Regime......Page 320 References......Page 355 Index......Page 397 ch01_fn01......Page 408 ch01_fn02......Page 409 ch01_fn03......Page 410 ch01_fn05......Page 411 ch01_fn06......Page 412 ch01_fn08......Page 413 ch01_fn09......Page 414 ch01_fn10......Page 415 ch02_fn01......Page 416 ch02_fn02......Page 417 ch02_fn03......Page 418 ch02_fn05......Page 419 ch02_fn06......Page 420 ch02_fn08......Page 421 ch02_fn09......Page 422 ch02_fn10......Page 423 ch02_fn11......Page 424 ch05_fn01......Page 425 ch05_fn02......Page 426 ch05_fn03......Page 427 ch05_fn04......Page 428 ch06_fn01......Page 429 ch06_fn02......Page 430 ch06_fn03......Page 431 ch07_fn02......Page 432 ch09_fn01......Page 433 ch10_fn01......Page 434 ch10_fn03......Page 435 ch10_fn04......Page 436 ch10_fn06......Page 437 ch10_fn07......Page 438 ch11_fn01......Page 439 ch11_fn02......Page 440 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 Gary Rhoades detail the aggressive engagement of U.S. higher education institutions in the knowledge-based economy and analyze the efforts of colleges and universities to develop, market, and sell research products, educational services, and consumer goods in the private marketplace. 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.

Sheila Slaughter and Gary Rhoades detail the aggressive engagement of U.S. higher education institutions in the knowledge-based economy and analyze the efforts of colleges and universities to develop, market, and sell research products, educational services, and consumer goods in the private marketplace.

The most coherent account of how the academy is mired in commercialism. -- Academe