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      The University and the Secular Crisis

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      Open Library of Humanities
      Open Library of Humanities

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          Abstract

          The economic crisis of 2008 was followed by a persistent recession, with low levels of growth, weak aggregate demand and high levels of underemployment or unemployment. For several recent authors this forced an engagement with the idea that the global economy is witnessing a secular stagnation or crisis. This article is situated against the changing landscape of English HE and seeks to understand the implications of the secular crisis on that sector and on the idea of the University. It examines how responses to the secular crisis have amplified the twin forces of marketisation and financialisation that are reconstituting the higher education sector for the production, circulation and accumulation of value. It then places this analysis inside the political economic realities of there is no alternative to the logic of choice and competition. The argument is then made that as this cultural turn affects the idea of what the University is for, both historically and materially, academics and students need to consider the potential for developing post-capitalist alternatives. The central point is that by developing a critique of the restructuring of higher education and of the idea of the University through political economy, alternative forms of knowing and developing socially-useful practices can emerge.

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          Most cited references69

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          The General Theory of Employment, Interest and Money

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            The Limits of Neoliberalism: Authority, Sovereignty and the Logic of Competition

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              Capitalism, socialism and democracy.

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                Author and article information

                Contributors
                Journal
                2056-6700
                Open Library of Humanities
                Open Library of Humanities
                2056-6700
                26 October 2015
                : 1
                : 1
                Affiliations
                [-1]Directorate of Library and Learning Services, De Montfort University, Leicester, UK
                Article
                10.16995/olh.15
                039ee96c-af5e-45ae-95a2-87a7d053663a
                Copyright: © 2015 The Author(s)

                This is an open-access article distributed under the terms of the Creative Commons Attribution 3.0 Unported License (CC-BY 3.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. See http://creativecommons.org/licenses/by/3.0/.

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                Self URI (journal-page): https://olh.openlibhums.org/
                Categories
                Article

                Literary studies,Religious studies & Theology,Arts,Social & Behavioral Sciences,History,Philosophy

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