Greed is right, greed works… Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much. — Michael Douglas in the character of Gordon Gekko, in Wall Street c
Gordon Gekko was meant to be a villain, but he became a plutocratic folk hero. There has been greed enough in the last thirty-seven years, surely, to have transformed the USA into a positive utopia according to the Gekko formula, with prosperity for all. [...]
I wrote a thing last fall about massive open online courses (MOOCs, in the parlance), and the challenge that free or cheap online classes pose to business as usual in higher ed. In that piece, I compared the people running colleges today to music industry executives in the age of Napster. (This was not a flattering comparison.) Aaron Bady, a cultural critic and doctoral candidate at Berkeley, objected. I replied to Bady, one thing led to another, the slippery slope was slupped, and Maria Bustillos ended up refereeing the whole thing here on The Awl.
Bustillos sees institutions like San Jose State experimenting with credit for [...]