AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Ricardo Hausmann on How Economies Grow
The Good Fight
The Marketization of Universities
4min Snip
00:00
Summary
Transcript
Episode notes
Universities have become highly marketized and influenced by capitalist ideals, leading to skewed incentives for academics. While some of the most well-endowed universities operate like hedge funds with academic functions, the academic life and incentives for academics have deviated from a traditional aristocratic model. The current academic environment, especially in social sciences and humanities, emphasizes publishing in academic journals, often with minimal readership and impact, as a key metric for career advancement. This creates a pseudo-capitalist system within universities, where financial pressures are absent, but academics are subject to the demands of a small group of insiders who determine publication standards. The prevailing environment encourages research output over teaching and broad audience engagement, distorting the traditional purpose of academia.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode