Our economy is changing. It is not that degrees are being watered
down; it is that the minimum requirements for our advanced economy has
gone up.
So this means that a whole category of people who have never
needed a degree to survive before will soon find themselves needing a
degree to simply continue to exist.
Either that or there will be a sizable poor,
unemployable (through structural unemployment) underclass, and that’s a
BAD thing. It’d do the captains of globalization to take note. Class division and disruption was preempted once before when Marx made his predictions. Can today’s leaders understand that Adam Smith’s “invisible hand” includes unions, anti-WTO protests and market forces outside of those in the NYSE?
down; it is that the minimum requirements for our advanced economy has
gone up.
So this means that a whole category of people who have never
needed a degree to survive before will soon find themselves needing a
degree to simply continue to exist.
Either that or there will be a sizable poor,
unemployable (through structural unemployment) underclass, and that’s a
BAD thing. It’d do the captains of globalization to take note. Class division and disruption was preempted once before when Marx made his predictions. Can today’s leaders understand that Adam Smith’s “invisible hand” includes unions, anti-WTO protests and market forces outside of those in the NYSE?
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