News Release

Is the Purpose of Education to Make Money?

Giroux’s books include the recently-released Youth in a Suspect Society: Democracy or Disposability? and The University in Chains: Confronting the Military-Industrial-Academic Complex. He just wrote the piece “The Corporate Stranglehold on Education,” which states: “In the age of money and profit, academic subjects gain stature almost exclusively through their exchange value on the market. Twice as many students major in business studies than in any other major. The liberal arts increasingly appear to be merely ornamental, a dying vestige of an age not dominated by Gilded Age excess and disposability. Whereas the university was once prized as a place where students learned how to be engaged citizens educated in the knowledge, skills, values, and virtues of democracy, today they are trained to be workers and adept consumers. Educational value is now measured according to cost/benefit formulas, and the only rationality that matters is one of economic exchange.”

Giroux holds the Global TV Network chair in English and Cultural Studies at McMaster University in Canada.

For more information, contact at the Institute for Public Accuracy:
Sam Husseini, (202) 347-0020 or David Zupan, (541) 484-9167