"Research has become an indispensable commodity for modern society,
and academic researchers are the new superstars and entrepreneurs
-- with incomes to match. Not since Clark Kerr's landmark Uses of
the University has any book beamed such an exposing light on this
dark, neglected development, which is transforming campus teaching
and administration. Slaughter and Leslie have pierced the smoke
surrounding the tweedy knowledge factories of post-industrial
capitalism." -- George Keller, author of Academic Strategy: The
Management Revolution in American Higher Education
The globalization of the political economy at the end of the
twentieth century is destabilizing the traditional patterns of
university professional work. One of the major changes that has
taken place as a result of globalization is that faculty, who were
previously situated between capital and labor, are now positioned
squarely in the marketplace. To grasp the extent of changes taking
place and to understand the forces of change, Academic Capitalism
examines the current state of academic careers and institutions,
with a particular focus on public research universities in the
United States, Canada, the United Kingdom, and Australia. In this
wide-ranging analysis, Sheila Slaughter and Larry L. Leslie examine
every aspect of academic work unexplored: undergraduate and
graduate education, teaching and research, student aid policies,
and federal research policies.
"In their fascinating study of public research universities,
Slaughter and Leslie... affirm that tertiary education in the U.S.
as well as in Australia, Canada, and Great Britain, especially
since 1970, has merged with the marketplace, a development that
alarmsmany as a kind of academic prostitution... This well-written
book is must reading for anyone, lay or professional, seriously
interested in the future of higher education." -- R. O. Ulin,
University of North Carolina at Chapel Hill, Choice
"The authors conclude that a better understanding of academic
capitalism will foster and empower successful academic capitalists.
However, they view with regret the demise of the concept of the
university as a community in which the individual members are
oriented primarily toward the greater good of the organization...
The book provides a valuable overview of the globalization of the
political economy." -- Jann Contento, Arizona State University,
Education Review
"Without even mentioning the dreaded and dated Marx, the authors
have produced a convincing analysis of the transition of the
academy from its own protected form of feudalism to a predatory
capitalism... [including] long-term changes in the ethos, aims, and
management of universities -- changes that have wedded them and
their futures to the vagaries of the global marketplace." --
Michael Ryan, College & Research Libraries
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