[PEN-L:32676] Re: Re: exploiting the intelligentsia

[Eugene Coyle <eugenecoyle@xxxxxxx>]

Further on Johan Soderberg:

	I think the student loans have a pernicious effect that may be implied
in what Johan writes but I want to make explicit.  The loans make the
borrower as desperate for growth in the economy as are the  capitalists.

Further on Chris Burford:

	 He mentions a "charitable scheme" at Harvard.  What looks like charity
-- i. e. lower prices for some students -- is simply price
discrimination required by the cost structure of a university.
Universities extract the maximum each student is willing to pay -- very
high tuition for some, to get all their money, then fill the seats with
discounted prices.  And "all their money" includes requiring the
customer to max out on the student loans.



Gene Coyle


johan soderberg wrote:
> > When will the vast armies of
> > the working intelligentsia see the bigger picture on
> > a world scale?
>
>
> Having recently left the academic sanctum - with
> astronomic debts and tiny prospects of finding work, I
> have some thoughts on the subject.
> Tutition fees and student debt is necessary. Not to
> pay for education, but to keep the pecunary mindset in
> place in an expanding population that - for most of
> their lifes - are redundent to production and
> labourmarket relations. Student revolts in the 60's
> was possible thanks to stundents not beeing mindlocked
> by debt and insecurity in future employment. Had the
> financial security remained with todays increase om
> proportion of students, social stability would have
> been in trouble. Instead students are disciplined by
> fear of indebted unemployment and promises of entering
> the middle class. When those hopes are finally
> frustrated, things will start to happen. From what I
> know, radicals in muslim third world countries (where
> the false promises have been proved wrong much
> quicker) are often disappointed and redundant
> ex-students. Question is, how can frustration be
> channeled into a positive force against capitalism,
> and not destructively into fascism or religious
> fanatism?
>
> /Johan
>
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