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One of capitalisms biggest tragedies
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this post was submitted on 11 Feb 2024
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A Boring Dystopia
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That's not a problem with capitalism, just deregulated capitalism. In Norway higher education is essentially free
So is in Czechia, public universities are free unless you repeat a year (and even then it is not very expensive and IIRC you pay a single fee, 2500$ Bachelor's, 3200$ Master's, and 20$ (yes 20) Doctor's, all per year - taken from my university). Textbooks are freely available in 99% of cases, the rest costs about 20$ printed but can be obtained for free in electronicformat, IIRC legally.
The quality is not perfect all the time, some curriculums are outdated or taught in strange ways, but it's ever-changing.
Of course, dorms and food are not free. But there are programs to at least partially accommodate that.
Not just education, but profitability as well. Doctors and Engineers are incentivized more than educators.
' Deregulated capitalism' is capitalism so it's 100% a problem with capitalism. And running things for profit with private ownership is the basic definition of capitalism...... so it sure doesn't sound like Norway's free education is 'for profit' unless I'm grossly misunderstanding.
don't be obtuse of the sake of it
Norway is actually a good example of this -- where pro-social regulatory policies (i.e. beneficial not from the perspective of capital, but from the perspective of actual societal conditions) are used to help mitigate some of the BS that capitalism produces.
Regardless... Yeah, it's a problem with capitalism. It's a problem that stems from the literal core of the 'system': utilizing 'capital' to find opportunities for the creation and extraction of 'surplus' from labor and its products.
It's great that regulation is able to reign in, in some cases, the deeply criminal BS that such a system naturally produces... But it seems like a huge overreach to assume this is possible "globally" (as it would need to be for a blanket statement like that to be true).
Not real capitalism is just as much capitalism as not real socialism is socialism...
The line between "well-regulated capitalism" and "socialism" is entirely subjective. One man's big government job killing mandate is another's sensible growth-oriented reform.