Brain Factories

Back in the 18th Century, Adam Smith pointed out that companies with stockholders were not nearly as beholden to their customers as to their stockholders, and that truism now shows up in America everywhere we look.

For example, we now have major appliances that last, on average, not the twenty to thirty years as did the major appliances of our grandparents, but around six years. Current dishwasher companystockholders are delighted because people now have to replace expired machines with regularity. In fact, since our lightly used dishwasher died five days ago, I’m now reading reviews that indicate the current generation of dishwashers most likely won’t last as long as the dead one, but, hey, I’m going to have to pay twice as much to replace it.

I am not happy. And then I click up Raw Story and see this:


“For-profit Schools Blamed for Denigration of Sweden’s School System”

Sweden’s example is just another indication that under corporate capitalism, one does NOT always get what one pays for. My deceased twenty-first century dishwasher is more proof. While I’m grudgingly willing to replace a dishwasher, I want young Americans to have a basic education that lasts a lifetime.

Cassandra

Update: Oregon may well have found a way around part of our current higher education mess: “Pay It Forward: Innovative Oregon Proposal Could Solve Problem of Student Loan Debt.”

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