The financialized university disaster / Kelly Grotke
This Is Hell!
This Is Hell!
4.9 • 937 Ratings
🗓️ 23 September 2021
⏱️ 83 minutes
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| 0:00.0 | Sounds like the soundtrack to Theeve starring James Kahn. |
| 0:05.0 | Horrible movie. The water is with the the water is with the |
| 0:13.0 | work for our power. |
| 0:14.0 | And the water |
| 0:15.0 | I was |
| 0:16.0 | Take attack. Thank you. This is hell. |
| 0:35.0 | Hell. |
| 0:40.0 | Live from late capitalism where the only thing that is not privately owned is our own privacy. |
| 0:47.0 | This is hell private institutions of higher learning across the United States no longer serve the public |
| 0:56.0 | good. |
| 0:57.0 | Now that they have been captured by financialization, they have been taken over by private interests. |
| 1:02.4 | Those private interests would be those of the |
| 1:04.7 | enormously wealthy who if they have their way will be the only ones who can afford |
| 1:09.3 | to put their kids through college |
| 1:14.0 | costs. |
| 1:17.0 | after all, they made a lot of money, |
| 1:19.0 | driving up tuition, you know, |
| 1:21.0 | like the tuition you have to pay for your child's university experience. |
| 1:25.3 | Private schools with massive endowments, some close to a billion dollars, were cutting worker |
| 1:30.4 | wages if not letting go of faculty members and staff entirely during the |
| 1:35.4 | pandemic. Sure they could have covered those costs and kept those people on the |
| 1:40.2 | payroll but that's not how austerity which the now financialized private universities have embraced. That's not how austerity works. And it's not only austerity in cutting budgets that is an existential threat to higher education in the United States. |
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