uni elites

[Rakesh Bhandari]

I suppose in Bourdieu's framework there would be some important opposition
between those who have ascended to the state nobility on the basis of
cultural capital, i.e., credentials at these prestigious institutions, and
those in possession of economic capital (wealth, property, and income). Yet
those with economic capital often possess the same level of scholastic
capital (well they may not have advanced degrees from these same
institutions). Perhaps Dennis will tell us how Bourdieu would approach
these findings or the questions he would put to them. A more important
development may be the general development of academic capitalism in which
faculty and professional staff have become state subsidized entrepreneurs,
expending their human capital stocks in increasingly competitive situations
to secure external moneys. This increase in faculty engagement with the
market is the subject of a study by Sheila Slaughter and Larry Leslie,
Academic Capitalism: Politics, Policies and the Entrepreneurial University
(John Hopkins, 1997)

best, rakesh