Authored by Charles Hugh Smith via OfTwoMinds blog,
It boils down to two very simple principles: accredit the student, not the institution and teach every student how to rigorously learn on their own.
Vested interests have every incentive to maintain the status quo: specifically, those who currently own the assets, income streams and power will continue to own the assets, income streams and power.
To accomplish this, vested interests must suppress, undermine or co-opt structural innovation, which threatens to obsolete the status quo. Innovation is bandied about rather freely now, generally as a marketing pitch, but real honest-to-goodness innovation is absolutely toxic to entrenched elites and vested interests, both of whom lose out when their gravy train is thrown off the tracks by innovation.
Cartels and monopolies are especially vulnerable to structural innovation, as the high costs they impose on customers and society eventually threaten to bankrupt households and even the state itself. To save itself from insolvency, the political-economic power structure must either accept innovation or it will be swept away by innovation.
Political power is nice but it's not enough. In the late 19th century, England's landed nobility and gentry had long held political power, and they attempted to use this power to bring the rising industrialists to heel.
Alas, the economic forces unleashed by industrialization could not be contained by mere political power, and the landed elites were superseded by the industrialist elites: It's a pity you had to sell your estate to the National Trust, but at least you have your memories of grandeur.
Which brings us to the equivalent vested interests of America's cartels: higher education, defense contractors and "healthcare" which profits not from health but from sickness.
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http://www.zerohedge.com/news/2019-07-03/vested-interests-charge-guaranteed-failure?utm_source=feedburner&utm_medium=feed&utm_campaign=
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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