The future of the humanities in today's neoliberal environment

Main Article Content

David Lea

Keywords

Neoliberalism, University Curriculum, Humanities, Financialization, Common Good

Abstract

This paper approaches the decline in the study  and teaching of the humanities within the
university context from a global financial  perspective. As humanities departments are
either closed down or have their curriculum  attenuated, obviously we can say that the
revenue that was previously present to support  such programs has not been forthcoming.
Accordingly, this paper argues that resources  that could have supported the humanities have
been available to the university, but they have  been applied elsewhere to increase the
administration and ancillary support staff, in  supporting the social sciences and in
augmenting business and management  programs. This paper links such decline to the
growing financialization of the economy, the  ideology of managerialism and the emergence
of the “academic capitalist” regime, as defined  by Slaughter and Rhoades (2004, 2005). These  developments can be traced to an underlying  ”˜neoliberal ideology' - a form of liberalism in  which the market freedoms achieve an extreme  dominance. One observes that higher education  has continuously embraced the central  neoliberal principle that denies the concept of  public good, in regarding education as a  private good rather than a public good. The
emphasis on such notion encourages the belief  that individual choices and market exchanges
most efficiently determine the allocation of  resources, and necessarily entails that subjects
more directly related to monetary interests will  prioritized over the humanities.

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