The Corporatization of Academia

In this episode of Anti-Capitalist Chronicles, Prof. Harvey reflects on how universities in the US have shifted and evolved under advanced capitalism to function more and more like corporations. The ethos of the academic model is no longer about universities paying professors to teach, but rather that professors earn their keep by making money for the university. We are seeing increased bureaucratization, a push for entrepreneurialism among professors, and a growing corporate managerial structure. This reorganization of education around monetization has left professors disillusioned and despondent and cannot be sustained.