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by charleshughsmith

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 charleshughsmith

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…

by Adam Taggart

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 Taggart

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":

by charleshughsmith

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 charleshughsmith

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.

Total 564 items