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Academic Capitalism and the New Economy

reviewed by Leonard J. Waks - 2005

coverTitle: Academic Capitalism and the New Economy
Author(s): Sheila Slaughter and Gary Rhoads
Publisher: Johns Hopkins University Press, Baltimore
ISBN: 0801879493, Pages: 370, Year: 2004
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Sheila Slaughter and Larry Leslie (1997) published their classic study Academic Capitalism: Politics, Policies and the Entrepreneurial University eight years ago. Responding to the growing interest in the globalization and commercialization of academe, they examined the growth of market and market-like behaviors (or in the authors’ neat title phrase, “academic capitalism”) in the research universities of four English-language countries: Australia, Canada, the United States, and the United Kingdom. By “market behaviors,” Slaughter and Leslie referred to universities’ for-profit activities, including patenting and subsequent royalty and license arrangements and spin-off companies, as well as sales of products such as sports paraphernalia and profit-sharing arrangements with external food service and book vendors. By “market-like behaviors,” they referred to other forms of institutional and individual competition for money, including competition for grants and contracts, fees from industry partnerships, and endowment funds (pp. 11, 71n, 209). Using a variety of midlevel theories and a... (preview truncated at 150 words.)

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Cite This Article as: Teachers College Record Volume 107 Number 11, 2005, p. 2521-2528
https://www.tcrecord.org ID Number: 11837, Date Accessed: 6/13/2021 11:02:56 AM

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About the Author
  • Leonard Waks
    Temple University
    E-mail Author
    LEONARD J. WAKS is Professor of Educational Leadership and Policy Studies at Temple University, Philadlephia PA. His work focuses on the educational arrangements of post-industrial societies, and the contributions of philosophical pragmatism to educational restructuring He is the author of numerous scholarly articles and book chapters, as well as Technology's School (JAI, 1995). His recent publications include "How Globalization Can Cause Fundamental Curriculum Change" (Journal of Educational Change, 2003), "The Philosophical Concept of a Networked Common School" (e-Learning, 2004), and "Brown v. Board, Common Citizenship, and the Limits of Curriculum," (Journal of Curriculum and Supervision, 2005).
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