Posts Tagged ‘financialize everything’
#SFRA2017-turday Links!
* Keep watching #SFRA2017! It’s been a great conference. And it contains gems like this. Two other little theoretical highlights from my scattered live-tweeting:
* The audio from last week’s Octavia Butler conference at the Huntington is now up at Soundcloud. I’m track 7!
* Sci-Fi Legend Samuel R. Delany Doesn’t Play Favorites.
* Will losing health insurance mean more US deaths? Experts say yes. Republicans Left Ron Johnson for Dead Last Year, Now He Could Kill Their Health Care Bill. Crowdfunding is the Sad, Dark Future of Healthcare.
* Trump’s Twitter and the judgment of history. Bill to create panel that could remove Trump from office quietly picks up Democratic support.
* The Internet Is Actually Controlled By 14 People Who Hold 7 Secret Keys.
* After the president’s tweet, I must withdraw my support for everything but his agenda.
* Getting closer and closer to the point where Republicans say it was good that Trump colluded with Putin. This is 100% guaranteed and will be the official position of Your Dad in six months.
* More on the voter suppression commission.
* The Trump Administration Is Using Immigrant Children as Bait to Deport Their Parents. Afghanistan’s All-Girl Robotics Team Can’t Get Visas To The US.
* Why isn’t Kirsten Gillibrand running for president? Or is she?
* The moral code of Chinese sex workers.
* Political correctness is destroying this country’s cultural heritage.
* When someone says something mean to me. The kids just call it “Twitter.” And I want your secret.
‘In This New University, Instruction Is Secondary to Ensuring the Free Flow of Capital’
The university is no longer primarily a site of production (of a national labor force or national culture) as it was in the 1970s and 80s, but has become primarily a site of capital investment and accumulation. The historical process through which this transformation was implemented is long and complicated, and we cannot give a detailed account of it here. Instead, we want to describe the general shape of this new model and the consequences it might have for political action in a university setting. We take as paradigmatic the case of the University of Michigan, where this model has been worked out in its most developed form and from which it is spreading across the United States, as university administrators across the country look to and emulate what they glowingly call the “Michigan model.” In this new university, instruction is secondary to ensuring the free flow of capital. Bodies in classrooms are important only to the extent that money continues to flow through the system. It is a university that in a global sense has ceased to be a university—its primary purpose is no longer education but circulation. This is the new logic of the university. If we want to fight it, we have to understand it.
Thursday Night Links
* Portia de Rossi’s Face Isn’t Messed Up — We Are.
* Netflix Is Open to More Arrested Development. Yes, please.
* According to a recent Reuters article, since corporate bankruptcies have declined, investors specializing in “distressed” hedge funds have begun circling troubled municipalities, with no city “attracting more attention than Detroit.”
* Great moments in NCAA justice.
* Yale tenures its first female math professor, after a mere 312 years of continuous operation.
Wednesday Is Friday and the Living’s Easy
* Half the professoriate will kill the other half for free.
In other words, while a few already well-paid superprofessors get their egos stroked conducting experiments that are doomed to fail, “second- and third-tier universities and colleges, and community colleges” risk closing because Coursera and its ilk have sent higher education price expectations through the floor and systematically devalued everybody else’s work. And they get to do all this while dispensing a produuct that they know is inferior! Jay Gould would be proud.
* The irony, of course, is that “business” logic can kill its own host, like any parasite. When taken as an end in itself, it destroys everything — and then there’s nowhere else to invest, no more areas producing real values that can be syphoned off into the giant pool of money. The imaginary values that finance has racked up then become the object of a game of hot potato, furiously churning through the system until the point when they simply disappear (i.e., lose all their value). That’s what running everything “like a business” does — it trades real value for imaginary value that is then destroyed.
* Just because it’s totally ineffective doesn’t mean we shouldn’t do it: A study by the Pew Charitable Trust in 2011, which looked at school closures in six US cities, found that school districts end up saving less than had been predicted. But think of all the other advantages school closings offer!
A University of Chicago study focusing on schools closed between 2001 and 2006 found that only six percent of displaced students ended up in high-performing schools.
And 42 percent of students continued to attend schools with ‘very low’ achievement levels. A year after changing schools, students’ reading and math abilities were not any better or worse.
Students who did go to better-performing schools also had to travel an average of 6km to get there – which critics say risks the safety of students who have to go through neighbourhoods containing rival gangs.
And here, at the limit of life that idling alone brings into view in a nonthreatening way, we find another kind of nested logic. Call it the two-step law of life. Rule No. 1 is tomorrow we die; and Rule No. 2 is nobody, not even the most helpful robot, can change Rule No. 1. Enjoy!
* Junot Diaz Talks Superman As An Undocumented Immigrant On The Colbert Report.
* The Essential Verso Undergraduate Reading List. Makes me think I really need to start including more theory on my syllabi.
* MOOCs we can believe in? One of the most remote outposts of Jesuit higher education is tucked away in dusty northwest Kenya, in a place whose name means “Nowhere” in Swahili. There, at Kakuma Refugee Camp, a small group of students — refugees from several neighboring African countries, including Sudan, Ethiopia and Somalia — are enrolled in online courses taught by 28 Jesuit colleges, mostly in the United States. The course is part of the Jesuit Commons project.
* Unexpected: SCOTUSblog now thinks there’s at least five judges who will vote to strike down DOMA. Meanwhile, McCaskill seems to have triggered Hagan to announce her support of marriage equality.
* Ripped from the stuff Fox News usually just has to make up: Gov. Rick Scott of Florida has stepped into the fray over an offensive classroom exercise at Florida Atlantic University in which students were asked to stomp on a sheet of paper with “Jesus” written on it.
* Boston College threatens disciplinary action against students distributing condoms.
Boston College officials sent a letter to students on March 15 demanding an end to student-run “Safe Sites,” a network of dorm rooms and other locations where free contraceptives and safe sex information are available.
Students living in the “Safe Sites” were told in the letter that the distribution of condoms is in conflict with their “responsibility to protect the values and traditions of Boston College as a Jesuit, Catholic institution.”
* Mexican town finds more security by throwing out the police.
* Saturday Morning Breakfast Cereal considers the Singularity.
* xkcd considers the past as another country … with an outdated military and massive oil reserves.
* And making the rounds again: The 50 Most Perfectly Timed Photos Ever.
Friday Morning
* In case you missed it: North Carolina lawmkers are threatening to shut down one or two UNC campuses. Save Our State event next week at Duke.
* The Silicon Valley-based company said to be revolutionizing higher education says in a contract obtained by Inside Higher Ed that it will “only” offer classes from elite institutions – the members of the Association of American Universities or “top five” universities in countries outside of North America – unless Coursera’s advisory board agrees to waive the requirement.
* Financialize everything: “The principle behind it, which is unique and could be far-reaching in the state and the country, is to say to private industry ‘you can do better financially by investing in high schools than you do investing in Wall Street,'” Steinberg said.
* I’ve always said the same thing about The Tonight Show. If this works out for New York it could really put them on the map.
* Iraq + 100 is — or will be — a collection of 10 short stories set in different cities around Iraq, written by 10 different Iraqi authors, all with this particular twist: They must be set 100 years after the 2003 invasion.
* Chinua Achebe has died. Chinua Achebe and the Invention of African Culture.
* And the headline reads, “Don’t fear babies made with genes from three parents.”