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How Finance Penetrates its Other: A Cautionary Tale on the Financialization of a Dutch University.
- Source :
-
Antipode . Sep2014, Vol. 46 Issue 4, p1072-1091. 20p. 2 Graphs, 1 Map. - Publication Year :
- 2014
-
Abstract
- If any organization ought to be immune to the forces of financialization, it is a publicly funded university in corporatist Europe. Shielded from the intrusion by financial metrics, values and professionals through a strong historically rooted tradition of self-management by powerful professional guilds, continental universities should largely have avoided the marketization and managerialization of Anglophone universities. Not so, this case study of a Dutch public university suggests. From 1995 onwards, a shift in real estate management-devolving responsibilities from the Dutch state to universities-served as a Trojan horse for financialization, triggering changes in organizational culture and a power shift from teaching and research professionals to accountants, real-estate developers, financiers and their ilk. This case suggests that the power of finance is such that no societal domain is immune. The paper ends with a call for more non-metropolitan case studies of financialization and argues that the only hope for salvation is a more self-conscious defense of traditional academic values by the guardians of higher learning themselves. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00664812
- Volume :
- 46
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Antipode
- Publication Type :
- Academic Journal
- Accession number :
- 97411417
- Full Text :
- https://doi.org/10.1111/anti.12086