Economics Magazine

Podcast: The College Crisis

Posted on the 03 April 2012 by Andrewgavinmarshall @A_G_Marshall

EPP

We are in the midst of a major college crisis: more students than ever before are graduating with professional educations and immense debt into a jobless market with no opportunities. The result of such a scenario, as any historian would warn, is the development of social unrest, dissatisfaction, rebellion, and potentially, revolution. As over 100,000 students on strike protested last week in Quebec against increased tuition costs, with the government stating its intent to dismiss and ignore them, student movements and protests are developing all over the world: Egypt, Tunisia, Chile, Taiwan, Spain, Portugal, the United Kingdom, the United States and Canada. Where did this college crisis come from?

It helps to look back at the activism of the 1960s which saw a “surge in democracy” among the population, and which created a terrifying scenario for elites. The response of elites to this “crisis of democracy” was to reduce democracy. In a secret memo to the U.S. Chamber of Commerce and a 1975 Trilateral Commission report, the “crisis” of popular participation in politics was identified, and the groundwork was laid for a counter-attack: neoliberalism, debt, and discipline. Today, we are seeing a further attack upon the population and democracy, and the students are beginning to stand up.

Listen to the podcast show here (Subscribers only):

Also see:

“Class War and the College Crisis: The “Crisis of Democracy” and the Attack on Education”


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