Corporate business models are hurting American universities | Noam Chomsky
Edited transcript of recent Noam Chomsky speech to the Adjunct Faculty Association of the United Steelworkers of America
That's part of the business model. It's the same as hiring temps in
industry or what they call "associates" at Walmart, employees that
aren't owed benefits. It's a part of a corporate business model designed
to reduce labor costs and to increase labor servility. When
universities become corporatized, as has been happening quite
systematically over the last generation as part of the general
neoliberal assault on the population, their business model means that
what matters is the bottom line.