Random Writings

The rise of the global economic order has brought with it a number of significant changes. The demand for unskilled labor in the manufacturing sector has declined precipitously, causing many of those affected to voice their frustrations. On the other hand, this decrease has been counteracted by the sharp increase in demand for a highly skilled labor force. Naturally, those now prospering from changes in the economy are less vociferous than the afflicted, and the public often tends to get a one-sided view of the effects of globalization.

Despite my conviction that through the "creative destruction" inherent in the free-market capitalist system society as a whole benefits, my empathy for the necessary plight of the unskilled labor force justifies a discussion of what some have put forth as methods to alleviate this suffering. One of these ideas centers around the creation of a universal entitlement to a college education. This suggestion originates from the recognition that education is essential to success in the new economy, and as such, income should not be a barrier to higher education. Reasons for opposing this plan are abundant, and we can start by looking at the European model.

In most European countries, access to a free or highly subsidized college education is already treated as an entitlement. Universities, which for all practical reasons are totally funded by the state, are compelled to educate large numbers of students on the cheap. In making this deal with the state, they have sacrificed much of their autonomy over selecting students and faculty. As a result, the quality of education being offered has suffered and universities find themselves competing amongst other interests for funding by the government which they have become dependents of.