The athletic program is able to enter the university sports market niche (part of the overall sports market, distinguished from the professional niche only by the ability to deny wages to the athletes*) by means of the LSU brand name, which has been built over the years by the staff and professors at LSU. Using that brand name, they can generate revenue directly from the public.**
This is the future for all university units, from research centers through academic departments: generate your own funds using the university brand name. The administration then becomes the franchising agent for each unit, allowing it access to the brand name in exchange for a percentage of the revenue.
* Yes, yes, the athletes receive tuition and housing, etc. But let's be realistic.
** A good accountant would be able to show how much the athletic program benefits from public infrastructure, starting with Tiger Stadium.
Dan Gilbert is trying to moralize a business decision, that is, capitalize on the desperation of the Cleveland community via their emotional commitment to a sports figure. That's bad for Cleveland and it's bad for sports, though I didn't see him complaining when that love for James increased the value of the franchise that Saint Dan Gilbert bought (after James was on board mind you) by hundreds of millions of dollars. He can cry me a river. You stay classy, Dan Gilbert.
What this comes down to is a billionaire financial whiz posing as the vox populi. A break, please give me. What do the people of Cleveland deserve? Relief from decades of de-industrialization in the form of good schools, good health care, good housing, good libraries, good parks, good jobs, etc. They also deserve people to see through Dan Gilbert's trying to speak for "the community" and to examine closely the role that the financialization of the US economy played in the destruction of Cleveland. Owner of Quicken Loans cares about the Cleveland community? He's made billions on refinancing of mortgages which was a major means by which the vast majority of people whose wages stagnated over the last thirty years (see "de-industrializaton" above) have cashed out the equity in their houses. I say Dan Gilbert and his financializing vampire industry can KMRIA, and he can do it twice for trying to speak for "the community" from whose wage stagnation he's benefited to the tune of hundreds of millions of dollars.
We, students, teachers, migrant and precarious workers, call for a debt abolition network to organize a global day of action against student debt.
We struggle everyday in movements all around the world against the privatization of the university, the precaritization of work, the new enclosures of our knowledges and for the reappropriation of our commonwealth.
We have identified debt as a primary component in all of these struggles.
Debt is the main instrument of enclosure of our social wealth: education, knowledge, access to healthy food, housing and healthcare. In nearly every aspect of our lives, the access to credit is necessary in order to live our lives.
Debt is a fundamental political question because it is a key component of control of our lives and bodies. This control is exercised as blackmail on an individual level as well as generalized social exploitation on a large scale.
Debt has been used as a management strategy to separate, divide and maintain supremacy over individuals, communities, countries and even entire continents for over 30 years.
Debt is a necessary parasitical function of financial capitalism today. Without continued lending and deeper debt, capital cannot continue to function. The current economic crisis exemplifies this principle.
Debt is therefore an inequitable system that produces profits for the financial industry at the expense of our education and our lives.
A sea of orange, reddish oil from a sunken rig flowed into Coup Abel Pass and Barataria Pass — two routes southwest of Barataria Bay that oil can take into the interior of Louisiana’s marshes — on Sunday.
Located west of Grand Isle, a handful of modified shrimp boats tried to collect the oil with absorbent boom, but the sheer amount of it seemed daunting.
“They waited too long to close the passes,” said Joel Bradberry, member of the Grand Isle Fire Department.
UPDATE: Sunday 9 May, 5:15 pm CDT: much more is at stake in the Save Middlesex Philosophy campaign than just philosophy at one London university. Administrators all over the world are watching this situation and will have to think twice about such moves in the face of the international resistance the MDX admin is receiving. So please take part by writing a letter to the MDX Board: the program you save may be your own!
Expenditures for "marketing related costs" went from 1,679,000 pounds to 2,209,000 pounds
Expenditures for "consultants and professional advisors" went from 2,321,000 pounds to 3,122,000.
Yes, that's right. The year before Middlesex administrators closed the philosophy department, the admin authorized some 5.3 million pounds for marketing and consultants. They spent 3.1 million pounds on consultants alone.
How much did the consultants who recommended closing the philosophy department charge? Or did the admin come up with that on their own?
How much less could they have spent on consultants to be able to retain the philosophy department?
Regarding the previous post, how much of the increase in admin pay would be needed to retain the philosophy department?
Now is the time to put pressure on the IMF to cancel Haiti's debt, much of which is based on loans stolen by the Duvalier regimes. Please visit Jubilee USA or another debt cancellation campaign and do what you can: http://www.jubileeusa.org/
Recent tax changes, including recklessly large reductions in the income tax, have helped to create the budget crisis that so many officeholders decry despite their own major contributions to its existence.
As I argued back during the stimulus debate, the failure to use federal dollars to help close state budget gaps was a terrible mistake. First off, every dollar taken out of state spending roughly offsets the stimulative effect of every dollar spent by the Federal government--meaning that until you've closed the state budget gaps (either actually or virtually), every dollar of stimulus spending accomplishes roughly nothing. I say "roughly," because the stimulative effect of spending a dollar can very tremendously, as shown in this chart from a Feb 4 diary:
Putting the UC situation in the context of the state-fed relation in re the stimulus. Note the comment here (#15), who adds a caveat to Samuels: http://www.michaelberube.com/index.php/weblog/comments/1370/: "One thing I wish he’d do though is be more careful with numbers. He has this calculation of what undergraduate education costs (the basis for his claims that undergraduate fees “subsidize research” etc.) that is just way off, assuming that buildings are free, that staff is free, that administrators (and yes, there’s way too many but clearly we couldn’t function with zero) work only for themselves."
But he also adds: "Re-reading my comment I realize it is dominated by criticism, when I in fact agree with most things Bob says in that interview. So let me make clear, I do agree in fact with most things he says in that interview!"