Geopolitics
Executive Summary
- The 4 higher education solutions of the Nearly Free University
- How higher education can be both cheaper & better than today's alternatives
- The catalytic roles played by both networking & network theory
- Making decisions for yourself/your children in this new emerging education spectrum
If you have not yet read The (Needed) Revolution Emerging in Education, available free to all readers, please click here to read it first.
In Part I, we surveyed the foundations of Higher Education and its obsolete Factory Model. We described its predatory reliance on student loans to feed its bloated cost structure and its failure to provide students with the skills needed in the economy of the 2010s; i.e., the emerging economy.
In essence, the foundation of higher education has been completely upended. Knowledge and instruction, once costly and scarce, are now abundant and nearly free. The only pricing power left to Higher Education cartel is the artificial scarcity of credentials.
That is not the power of a productive system; it is the power of a predatory system.
The Four Higher Education Solutions of the Nearly Free University
There are four broad technology-enabled solutions that would free higher education from its current cartel limitations on opportunities and accreditation…
The New Education Models Offering New Hope
PREVIEW by charleshughsmithExecutive Summary
- The 4 higher education solutions of the Nearly Free University
- How higher education can be both cheaper & better than today's alternatives
- The catalytic roles played by both networking & network theory
- Making decisions for yourself/your children in this new emerging education spectrum
If you have not yet read The (Needed) Revolution Emerging in Education, available free to all readers, please click here to read it first.
In Part I, we surveyed the foundations of Higher Education and its obsolete Factory Model. We described its predatory reliance on student loans to feed its bloated cost structure and its failure to provide students with the skills needed in the economy of the 2010s; i.e., the emerging economy.
In essence, the foundation of higher education has been completely upended. Knowledge and instruction, once costly and scarce, are now abundant and nearly free. The only pricing power left to Higher Education cartel is the artificial scarcity of credentials.
That is not the power of a productive system; it is the power of a predatory system.
The Four Higher Education Solutions of the Nearly Free University
There are four broad technology-enabled solutions that would free higher education from its current cartel limitations on opportunities and accreditation…
Jim Rickards, author of the best-seller Currency Wars, sees the world's central banks embroiled in a "race to debase" their currencies in order to restore – at any cost – growth to their weakened economies.
In the midst of the fight, the U.S. Federal Reserve wields oversized power due to the dollar's unique position as the global reserve currency. As a result, actions by the Fed create huge percussive ripples across the battlefield, often influencing events in ways little understood by the players – and especially by the Fed itself.
In Rickards' words, the policymakers at the Fed "think they are dialing a thermostat up and down, but they're actually playing with a nuclear reactor – and they could melt the whole thing down":
Jim Rickards: We’re Witnessing One of the Greatest Failed Experiments in Economic History
by Adam TaggartJim Rickards, author of the best-seller Currency Wars, sees the world's central banks embroiled in a "race to debase" their currencies in order to restore – at any cost – growth to their weakened economies.
In the midst of the fight, the U.S. Federal Reserve wields oversized power due to the dollar's unique position as the global reserve currency. As a result, actions by the Fed create huge percussive ripples across the battlefield, often influencing events in ways little understood by the players – and especially by the Fed itself.
In Rickards' words, the policymakers at the Fed "think they are dialing a thermostat up and down, but they're actually playing with a nuclear reactor – and they could melt the whole thing down":
In 1993, management guru Peter Drucker published a short book entitled Post-Capitalist Society. Despite the fact that the Internet was still in its pre-browser infancy, Drucker identified the developed-world economies as knowledge-based – as opposed to from industrial economies, which were were from the agrarian societies they superseded.
Drucker used the term post-capitalist not to suggest the emergence of a new “ism” beyond the free market, but to describe a new economic order that was no longer defined by the adversarial classes of labor and the owners of capital. Now that knowledge has trumped financial capital and labor alike, the new classes are knowledge workers and service workers.
We’re Living Through a Rare Economic Transformation
by charleshughsmithIn 1993, management guru Peter Drucker published a short book entitled Post-Capitalist Society. Despite the fact that the Internet was still in its pre-browser infancy, Drucker identified the developed-world economies as knowledge-based – as opposed to from industrial economies, which were were from the agrarian societies they superseded.
Drucker used the term post-capitalist not to suggest the emergence of a new “ism” beyond the free market, but to describe a new economic order that was no longer defined by the adversarial classes of labor and the owners of capital. Now that knowledge has trumped financial capital and labor alike, the new classes are knowledge workers and service workers.
In this week's Off the Cuff podcast, Chris and Adam discuss:
- Rough Seas Ahead
- Chris issues a rare warning for a 40%+ correction in the stock market
- Happy Sequester!
- What will its impact be?
- The Japan Mess
- Looking more & more like it will be the first major country/currency to fail
- The "Affordable" Care Act
- A misnomer if there ever was one
- The Barnburner at Rowe
- This year's seminar is shaping up to be one for the ages
Off the Cuff: Red Sky at Morning
PREVIEW by Adam TaggartIn this week's Off the Cuff podcast, Chris and Adam discuss:
- Rough Seas Ahead
- Chris issues a rare warning for a 40%+ correction in the stock market
- Happy Sequester!
- What will its impact be?
- The Japan Mess
- Looking more & more like it will be the first major country/currency to fail
- The "Affordable" Care Act
- A misnomer if there ever was one
- The Barnburner at Rowe
- This year's seminar is shaping up to be one for the ages
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