John Young on Tue, 30 Sep 2008 03:33:52 +0200 (CEST)


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Re: <nettime> The Fiat of Last Resort


Well, yes, capitalism has a way of sucking everybody exposed
to its beneficence into its gilded maw.

And what of the ballooned higher education endowments and
vast plans for enlargement. And the huge inflation of conferences
and travel and books and grants and fellowships and student
scholarships, not to mention easy loans to students who never
believed they would have to really repay, debt forgiveness in the
name of the future of the country divine.

Faculty housing and pensions and salaries and staff up the
kazoo. The lucky few who were invited to join corporate boards
and more who received financial sponsorship (earmarks mostly)
for market-targetted research under guise of disinterested
pursuit of science, art, careers, secret deals with the bountifully
endowed spies of commerce, advertising, publishing and
human growth enzymes.

Look into the mirror, Andrew Bacevich urges, to see those
who welcome profligacy, demand their celebrated leaders promise
the good life, debt be rolled over into to the future of the well-taught 
and -mentored students sent forth to do the same. And, to be
sure, kill those who resist forked-tongued exculpation.


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