It seems as though everyday is one step closer towards pure capitalism and thus an inherent increase in inequality and socioeconomic disparity. This has long been seen with the public education system, especially following the controversial No Child Left Behind Act.
Yet another issue has come to mind: college. College contains a twofold capitalism question of ethics. Primarily, college is a mechanism for further classist filtration. In the United States class and race transcend to ensure that the class you are born into will be the class in which you and future generations in your family will remain. Of course, there are notable exceptions but that's why they are notable.
Secondly, it is becoming exponentially apparent that higher education is not so much for the purpose of education so much as it is for ridiculous profits. The combination and correlation that merges as a result of these two major issues is generating increasing problems.
To begin, there is of course a further extension of classism. Yet now college is becoming a business affordable for only the very wealthy as the very wealthy on the other side demand more and more to attend an institution. College tuition rates rise much faster than inflation rates in the United States and the application of funds is disturbing.
More disturbing still is the fact that private institutions, as they are private, have no legal responsibility to inform the public of where tuition funds are going. A guarantee is that at my university, they are not going where they belong.
Higher education in many countries is free and more respected on a global scale. In such a capital-centered economy we tend to forget that money doesn't necessarily buy greater productivity or provide for superior educational resources. It CAN but with so much liberty at the ends of those who demand such ludicrous expenditures, why would it?
