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FSN: The Nearly-Free University
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Charles Hugh Smith
Of Two Minds
The Nearly-Free University model would revolutionize higher education, enabling a universally accessible college education at a very low cost.
The key to understanding higher education in the U.S. is to grasp that it is at heart just another debt-dependent neofeudal cartel. In other words, it is just like sickcare and the national defense complex.
Each cartel shares these features:
1. Compelling PR “cover” for cartel extraction of wealth. “Healthcare” (i.e. sickcare that profits from illness, not health) is a “right.” The defense industry is the bulwark of democracy, and “educating our children” is the key to future prosperity. Each portrays itself as sacrosanct.
These “Mom and apple pie” cover stories enable monopolistic exploitation: $300 million a piece fighter aircraft (replacing $54 million aircraft), $150,000 college diplomas, and “healthcare” spending that is two times more per capita than competing advanced democracies.
Continue Reading at OfTwoMinds.com…
2012-11-15 06:04:15
Source: http://silveristhenew.com/2012/11/14/the-nearly-free-university/
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