[lbo-talk] An Idiosyncratic Perspective on the Economy and Economics

Michael Perelman michael at ecst.csuchico.edu
Sun Nov 29 14:59:51 PST 2009


Thank you very much.

On Sat, Nov 28, 2009 at 11:47:30AM -0800, Chuck Grimes wrote:
> I still hope to incorporate data on the defunding of higher education.
>
> Michael Perelman
>
> --------
>
> Doug had a long interview with Robert Meister who went over in pretty
> stunning detail what's behind the current budget, tuition, and UC
> finance policies. I can't reproduce the argument in detail. It more or
> less amounts to re-conceptualization of the university as a cost
> competitor with ivy league private schools, which in turn justifies
> raising tuition to any level. In turn then that money doesn't
> necessarily go toward improvements in education, but rather investments
> in brand. Another point he made was that tuition represented income
> which in turn was used to evaluating bonds, which were used to build
> income producing facilities like dorms and parking lot. Just crazy
> shit.
>
> Robert Meister, current president of the Council of UC Faculty
> Associations
>
> http://cucfa.org/
>
> Here is Meister's article:
>
> http://cucfa.org/news/2009_nov10.php
>
> His article probably doesn't cover what you might want to use, but it is
> a shocker anyway. I can't read the labels on the charts so I tried the
> PDF, which helps.
>
> Getting back to the corporatization business of higher ed, one place to
> really nose around for some nasty finds is the UC San Francisco Med
> Center. There is a whole confluence of all sorts of medical industry,
> drug companies, and federal grants, etc. Another, this time with the
> whole agricultural industry, genetic engineering, etc is UC Davis.
>
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-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com



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