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Publisher: Routledge
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To cite this article: Ilkka Kauppinen (2013) Academic capitalism and the informational fraction
of the transnational capitalist class, Globalisation, Societies and Education, 11:1, 1-22, DOI:
10.1080/14767724.2012.678763
To link to this article: http://dx.doi.org/10.1080/14767724.2012.678763
This article is based on the idea that if we are witnessing an on-going shift
towards the transnational phase of capitalism, this objective structural
change should also be taken into account in higher education studies. In
this sense, this article reflects the increased scholarly attention into the
relationship between globalisation and higher education since the 1990s.
The main purpose of this article is to contribute to these discussions by
developing dialogue between global capitalism theories and the theory of
academic capitalism. In order to achieve this, William Robinsons concept
of the transnational capitalist class (TCC) will be amended to include also
the informational fraction. Furthermore, the causal history of TRIPS
(Agreement on Trade-Related Aspects of Intellectual Property Rights) will
be used as an illustrative example of how transnational corporations have
stimulated the emergence of academic capitalism at transnational level.
First, I will discuss the theory of academic capitalism. Second, I will
introduce and amend the concept of the TCC. Third, I will present my
conclusions.
Keywords: global capitalism; transnational capitalist class; academic
capitalism
1. Introduction
For the purposes of this article, I have defined globalisation as a complex
mega-process consisting of long- and short-term sub-processes, such as time
and space compression, deregulation, relative convergence of national higher
education systems and the transnationalisation of production. Moreover,
globalisation is multi-centred (it does not originate from any single nation or
region), multi-form (capitalist globalisation is only one possible form of
globalisation), and multi-causal (it is caused by many sub-processes) and as a
thematically broad set of sub-processes it has implications, amongst other subsystems, for economy, politics and education (for a similar and more detailed
definition of globalisation, see Jessop 2007).
*Email: ilkka.j.kauppinen@jyu.fi
# 2013 Taylor & Francis
I. Kauppinen
2. Academic capitalism
2.1. Background
One may argue that it is debatable whether it is plausible to speak of academic
capitalism (as an object of study) at all. Does the term imply that universities
have become capitalist organisations, or that knowledge has become a
commodity, or that knowledge production within higher education organisations shares similar characteristics with commodity production in capitalist
organisations? Moreover, if academic capitalism is a plausible term, where and
who are the capitalists and workers in the system to which academic capitalism
refers? Finally, it is also an open question as to what is the theoretical status of
academic capitalism and what kind of theory is it actually (e.g., Va limaa and
Hoffman 2008)? These are, in my opinion, both tricky and fascinating
questions that surround the discussions regarding academic capitalism.
However, in this article it will not be possible to tackle these issues.
The main developers of the theory of academic capitalism at both the
empirical and theoretical level have been Sheila Slaughter, Larry L. Leslie and
Gary Rhoades (Slaughter and Leslie 1997; Slaughter and Rhoades 2004; see
also Cantwell 2009; Metcalfe and Slaughter 2008; Pusser, Slaughter, and
Thomas 2006). Of course, there are also other frameworks that seek to
understand and explain the complex relationship between knowledge capitalism and higher education systems (see Clark 1998; Etzkowitz 1998; Gibbons
et al. 1994; Soley 1995). This article concentrates on the theory of academic
capitalism since it refers to a relatively large-scale phenomenon within broader
I. Kauppinen
has always been a business (Weisbrod, Ballou, and Asch 2008, 37) because
the mission of higher education needs to be financed and universities have for
a long time collaborated with industries. More specifically, the academic
capitalist knowledge/learning regime is not immanent to the practice of science
where internal goods (McIntyre 1984, 1901) involve, for instance, open
communication (see ONeill 1998). Academic capitalism tends to transform
the system of information distribution within universities by commodifying
knowledge, which in turn encourages secrecy. Hence, academic capitalism is
not only about generating external revenue for universities, but also reflects a
conflict between the proprietary secrecy of the market and the open
communication of traditional science (ONeill 1998, 144).
In terms of Habermas (1987), temporally and spatially uneven emergence
of academic capitalism would reflect the colonisation of the universities by a
capitalist market system. However, to speak about the current university
reforms in terms of colonisation would be somewhat misleading since the
emergence of academic capitalism has not been solely the product of external
colonising forces. Quite the contrary, universities have also been active
promoters of academic capitalism in various ways (e.g., Slaughter and Rhoades
2004). This is partly because states have reduced their funding for the
universities, and this has created a need to find new sources of revenue. For
instance in the United States, the United Kingdom and Australia, the shift
towards academic capitalism was triggered by diminishing government
funding for higher education and because: the corporate quest for new
[science-based] products converged with faculty and institutional searches for
increased funding (Slaughter and Leslie 1997, 7).
2.2. Academic capitalism and intellectual property
In this new financial situation, it is contingent how the universities respond,
since they have various ways of securing the external funding required.
Consequently, it is not predetermined whether universities will adopt practices,
such as technology transfer, that are the constitutive elements of academic
capitalism. In any case, the retreat of the state from basic funding triggers new
demands and conditions for the universities, and they have to cover the costs in
some way. Thus, academic capitalism is neither a predetermined nor a
transhistorical feature of the university system, but a contingent phenomenon,
and it is related to the restructuring of capitalism (e.g., the development of new
technologies and organisational innovations) and the rise of neoliberalism (e.g.,
privatisation, deregulation and the abandonment of the normative starting
points of classical liberalism regarding IPRs).
An open-ended shift towards academic capitalism occurred during the same
time as the knowledge-based economy discourse was gaining a more and
more hegemonic status in many countries and social sub-systems (see e.g.,
Jessop 2005). The emergence of a knowledge-based economy meant among
I. Kauppinen
other issues that especially technologically advanced countries and TNCs have
become increasingly interested in protecting IPRs at the global level.
The current emphasis on innovations and economically valuable knowledge
has elevated the issue of IPRs also to the agenda of university reforms, even
if technology transfer often relates only to certain specific disciplines
(e.g., biotechnology and information technology). This has increased the
opportunities of universities to accumulate intellectual property. On the one
hand, IPRs provide temporarily restricted monopolies (implying monopoly
profits) and on the other hand, faculty work is increasingly seen as a costeffective way to accumulate intellectual property (see Slaughter and Leslie
1997, 369; also Kauppinen 2008). Thus, it is not a surprise that TNCs are
eager to collaborate with universities, which in turn have their own reasons for
developing collaborative relationships with TNCs.
For the purposes of this article, I will argue that the first key function of
academic capitalism is the transformation of knowledge, understood here as a
fictitious commodity (Polanyi 1944, 725), into a commodity that can be
sold in markets. This is supposed to be achieved through IPRs (including, in
particular, patents and copyrights). Even though it is questionable (see e.g.,
Weisbrod, Ballou, and Asch 2008) whether universities are successful in
transferring technology for corporations, the idea of the accumulation of
intellectual property resonates with the knowledge-based economy discourse.
This resonance is one reason why resources are allocated to technology
transfer. The second key function is the production of skilful knowledge
workers for labour markets. The presumption is that, while corporations gain
from academic capitalism in the form of knowledge-intensive commodities and
immaterial labour, this will strengthen national competitiveness in the global
economy. Thus, from this point of view it is not an accident that many
governments have been active promoters of academic capitalism and, more
generally, the accumulation of intellectual property within and outside higher
education (Jessop 2005; Kauppinen 2008).
but only in relation to other classes. Classes consist of more or less coherent
fractions whose members tend to share similar kinds of interests, experiences,
traditions and values, and who identify themselves in relation to other classes
and class fractions. Class is a fundamentally relational concept. In this
basically Thompsonian (see Thompson 1978) sense, classes are not eternal,
museum-like entities, but rather on-going processes subject to change and
redefinition in response to the changing social conditions. However, in this
article I will only focus on TCC, because it seems to me that paying attention
to the implications of globalisation for the concept of class, how this relates to
higher education, and what kinds of powerful transnational economic networks
are involved directly or indirectly in higher education reforms, is of great
(theoretical and empirical) importance in the current situation.2
In social sciences, class is traditionally conceptualised within the framework of methodological nationalism. Strong methodological nationalism is
based on the taken-for-granted assumption that the nation-state is the natural
and necessary form of society and the container of social processes and
practices (see e.g., Beck 2005; Sassen 2007). While it is debatable whether
there is, or has ever been, any social scientific tradition that would identify
with this kind of methodological fundamentalism, it provides, nevertheless, a
useful starting point for articulating certain presuppositions in this article.
It is a common feature of globalisation studies to criticise methodological
nationalism, and global capitalism theories are no exception in this respect.
The criticism is based, for instance, on the following argument: nation-states
are not the self-evident organising principle of capitalism or containers of
social processes because of the transnationalisation of production and
(increasingly also) R&D, trans-border communities, transnational migration
or transnational activism (e.g., Robinson 2004; Sassen 2007; Sklair 2002;
Kauppinen 2012). Methodological transnationalism, which is implicitly
present also in this article, does not necessarily imply a fundamentalist stance
according to which nation-states have lost their importance and relevance.
For instance, while it is important to analyse contemporary national
university reforms in relation to international politics and cross-border
influences, it is still plausible to speak of national university systems (and
their components, structure and environments) and argue that nation-states are
still important resource providers and that they also legitimise these reforms. In
the sphere of economy, it is no longer as relevant to speak about national
economies, but nation-states still have important functions with respect to
economy (e.g., guaranteeing property rights). Hence, the globalisation does not
imply the separation between state and capital. In this article, nation-states are
rather seen as sites of struggle between transnationally and nationally oriented
capitalist classes that try to influence states in order to advance their respective
interests (see e.g., Sklair 2002).
At this point, I want to briefly return to the issue of academic capitalism
because it has also been mainly studied in the framework of methodological
I. Kauppinen
Sklairs fourth point would imply that higher education has a role in
socialising persons to the values and discourses of TCC and binding its
members together. Hence, it can be claimed that higher education organisations
have taken and take part (even if unintentionally) in the formation of TCC by
creating a common culture, common habits and shared cognitive structures.
Moreover, Seners (2008) article Turkish managers as part of the transnational
capitalist class provides support for Sklairs claims. The article reveals that
most of the Turkish managers:
think that they have similar lifestyles with foreign people from the same class
with them and they have more commonalities with these people compared to
Turks from different social classes. They also believe that they have common
interests with the people from other countries that have the same positions with
them. This demonstrates the weakening of bonds that rest on being the citizens
of a particular nation state, while the bonds resting on being the members of a
transnational class strengthen. (Sener 2008, 138)
Previous insights do not, however, tell us much about what has made
possible the open-ended formation of TCC. In developing their parallel
theories of global capitalism, both Robinson (2004) and Sklair (2002) argue
that the contemporary epoch of capitalism involves a qualitative change in
respect to previous epochs because of the transnationalisation of national and
regional productive apparatus. In contrast to quantitative changes within
exchange, this qualitative change in the realm of production (and finance)
forms, together with the extensive and intensive enlargement of capitalism, a
material basis for the formation of a transnational capitalist class (Robinson
2004).
There are different ways in which we can misrecognise TCC. For instance,
it can be supposed that TCC is a kind of super class that consists of national
capitalist classes that form international coalitions with each other (Robinson
and Harris 2000). This kind of process can be defined as the internationalisation of national classes. The formation of TCC is, nevertheless, a different
matter since it is supposed that the coordinates of this class do not remain
national. In the case of TCC, the locus of class formation is situated in the
emerging transnational space (Robinson 2004, 423, 54). Despite this, there
are still multiple competing forms of capital and it is also possible to identify
local, national and regional forms of capital (Robinson 2004, 47). However,
Robinson (2005, 5) claims that TCC, as a group increasingly detached from
specific nation-states, is becoming the new ruling class.
In a more moderate way, Sassen (2007, 164) has argued that emerging
global classes, that are beginning to cohere into recognizable global social
forms, should be conceptualised as only partially denationalised. Hence, in
contrast to Robinson and Sklair, Sassen (2007, 164) emphasises global classes
ongoing, even if partial, embeddedness in national domains. Indeed, even if
we accept that it would be plausible to speak about the transnational interests
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I. Kauppinen
of certain capitalist groups it does not necessarily imply that these groups
would have become disembedded from their national domains.
Discussions regarding the transnationalisation of classes have provoked also
other kinds of criticism. For instance, some globalisation theorists, while
accepting the idea that the current economic system operates as a whole, think
that the concept of a transnational or global capitalist class does not have any
sociological or economical relevance. Castells (1996, 474) is a well-known
example of this:
But a capitalist class? There is not, sociologically and economically, such a thing
as a global capitalist class. But there is an integrated, global capital network,
whose movements and variable logic ultimately determine economies and
influence societies. Thus, above a diversity of human-flesh capitalists and
capitalist groups there is a faceless collective capitalist, made up of financial
flows operated by electronic networks. . .
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I. Kauppinen
(subjective level), these social spaces are, at least in principle, the breeding
ground for class consciousness within TCC. However, it should be remembered that TCC is also an internally competing class and that different
fractions of TCC may have conflicting (short-term) interests and strategies.
Consequently, it is an empirically open question whether, when and under
which conditions it makes sense to define TCC as a coherent political actor
(e.g., Robinson 2004; Sklair 2002).
For Sklair (2002, 9), the TCC consists of those persons, who see their own
interests. . .as best served by an identification with the interests of the capitalist
global system. At a more concrete level, this means that their common (longterm) interests are: the protection of private property and the rights of private
individuals to accumulate it with as little interference as possible (Sklair 2001,
12). At face-value, Robinson has a fairly similar understanding of the members
of TCC. For instance, TNCs are for both Robinson and Sklair organisations in
which the individual members of the TCC tend to operate as corporate
executives and members of corporate boards (e.g., Robinson 2004, 55; Sklair
2001, 34, 2002, 2005, 59) Furthermore, both share the idea that the members
of TCC share globalising perspectives and that they originate (unevenly) in
various countries (including middle- and low-income countries). However,
they have marked differences in how they draw boundaries around the TCC
and differentiate it from other elites.
Sklairs (2002, 99) hierarchical model consists of the following fractions of
TCC: corporate fraction, state fraction, technical fraction and consumerist
fraction (Table 1).
Thus, Sklair counts the members of state agencies and various professions
(e.g., intellectuals) as members of TCC in so far as they are promoting the
global capitalist system and contribute to the transnational socialisation of
TCC. The corporate fraction (e.g., executives of TNCs) is the most important
fraction while other fractions support and provide legitimacy for it. In this
sense, Sklair emphasises the importance of economic capital over other forms
of capital without restricting the membership criteria to economic capital in
drawing the boundaries of and positing the internal hierarchy of TCC.
Also, Robinson identifies different fractions within the TCC, but in a
different sense and, in contrast to Sklair, he uses more traditional and stricter
Table 1. The structure of TCC according to Sklair.
Corporate fraction
TNC executives and their local affiliates
State fraction
Technical fraction
Globalising
Globalising state and
professionals
inter-state bureaucrats
and politicians
Consumerist fraction
Globalising
merchants and
media
13
criteria in defining the boundaries of TCC. For Robinson (see 2004, 36,
Footnote 1), TCC consists quite strictly of those who own or control
transnational economic capital: TCC is the propertied class. As we can see,
Robinsons concept of TCC comes close to Sklairs corporate fraction.
Furthermore, Robinson divides TCC analytically into three fractions on the
basis of their position in the economic field. These fractions are: industrial,
commercial and financial.
3.4. Modification of the concept of TCC
I prefer Robinsons narrower model, because Sklairs model stretches the
boundaries of the capitalist class too far to include, for example, political and
cultural elites. However, I also think that for analytical purposes it is important
to add a fourth fraction to Robinsons model (see Table 2). I propose that this
fourth fraction should be labelled the informational fraction. Robinson (2004,
37) seems to hint at a similar possibility, but does not elaborate his position. He
merely refers to the Internet and dot-com companies, but this would be a
prohibitively restricted way to locate the informational fraction within global
capitalism (particularly in the context of this article).
Many TNCs are also key players in knowledge capitalism since they hold,
for instance, large patent portfolios and, consequently, are able to control the
use of knowledge and can reach into the material world and control vital
resources (Braithwaite and Drahos 2000, 57). Furthermore, they are
forerunners in the transnationalisation of R&D and advocates of the global
regulation of IPRs. Thus, they have a key role in establishing transnational
social structures and networks within knowledge capitalism. Thus, if we
identify TCC only with three fractions (industrial, commercial and financial)
as proposed by Robinson, we will easily miss the linkages between TCC and
globalising knowledge capitalism. Indeed, this has been one of the main
problems within global capitalism literature.
Table 2. The structure of the TCC including the informational fraction.
Industrial fraction Informational fraction
Key organisations: Key organisations:
TNCs
TNCs
Key sectors:
information
technology,
biotechnology,
pharmaceuticals, . . .
Key discourse:
knowledge-based
economy
Financial fraction
Commercial
fraction
Key organisations:
TNCs
Key organisations:
TNCs
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I. Kauppinen
15
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I. Kauppinen
be demonstrated that members of the TCC are integrating with universities via
board interlocks, would it imply that the role of universities as promoters of
national economic interests would be diminishing? Hence, while this article
is focused on demonstrating that the concept of TCC has analytical value for
higher education studies, it might well be the case that the emergence of TCC
also triggers some normative debates regarding the role and functions of higher
education in the contemporary world.
3.5. TNCs and the stimulation of academic capitalism
In demonstrating the relevance of the concept of TCC for higher education
studies, I will concentrate on how their key organisations, that is, TNCs, have
indirectly stimulated academic capitalism at transnational level. Some of the
interests of the informational fraction of the TCC (such as the global
accumulation of intellectual property and, relatedly, establishing favourable
conditions for the transnationalisation of R&D) were, among other interests, in
play behind the establishment of the Trade-Related Aspects of Intellectual
Property Rights (TRIPS)-agreement.4 The TRIPS was an indirectly significant
institutional facilitator of academic capitalism, as it strengthened and
broadened the global protection of intellectual property. The accumulation of
intellectual property is, in turn, one of the key practices when universities try to
generate external revenue within academic capitalism, even though the
institutional expectations with respect to the financial rewards of this
accumulation have been far more ambitious than the actual results
(e.g., Slaughter and Rhoades 2004; Weisbrod, Ballou, and Asch 2008).
It has been argued that the WTO is the most important international
organisation (Braithwaite and Drahos 2000, 67) with respect to the regulation
of intellectual property, and TRIPS, in turn, marked the beginning of the
global [intellectual] property epoch (Braithwaite and Drahos 2000, 63).
The paradox of TRIPS is that around 100 years ago (and before that) it would
have been rejected as a global charter for monopolists (Drahos and
Braithwaite 2002, 38), but in the era of neoliberalism and a changed political
and economic context, it was argued to be consistent with free trade and
competition (Drahos and Braithwaite 2002). Indeed, it is quite clear that
classical liberalists, such as Adam Smith (and probably also, although for
different reasons, forerunners of neoliberalism, such as F.A. Hayek), would
have resisted TRIPS as antithetical to free market economy and the wealth of
the nations (see Smith 1982 [1762], 1113)
Changes and developments that occurred in the 1970s and 1980s in the
fields of technology (e.g., the development of information technology and
biotechnology in the EU and USA) and economy (e.g., development of
manufacturing capacity in various Asian countries) provided incentives for
certain interest groups to plan TRIPS in order to secure their comparative
advantage in the emerging global capitalism. During the same time and for
17
similar reasons, the emerging TNCs turned increasingly, for instance in the
USA, to research universities for science-based products and processes to
market [them] in a global economy (Slaughter and Leslie 1997, 6).
Of course, the causal history of TRIPS cannot be explained comprehensively by focusing only on economic actors. Hence, in providing comprehensive explanation one should also pay attention, for instance, to nation-state
representatives and how they recognised TRIPS simultaneously as both an
opportunity and a threat for their national interests depending on the industry
sector (e.g., Braithwaite and Drahos 2000). Especially Sell (2003) provides an
excellent and many-sided causal explanation (informed by critical realism) on
how and under what kind of macro-structural conditions TRIPS was
established. However, since the focus of this article has not been the causal
history of TRIPS it is sufficient to focus on the role of the TNCs.
Various lobbying networks (organised by globally oriented business
entities) particularly in the field of US film, music, software, agricultural
and pharmaceutical industries began to link intellectual property to trade issues
during the 1980s in order to transnationally protect their intellectual property
(Braithwaite and Drahos 2000, 61; May and Snell 2006, 141). It has been
argued that the representatives of these industries formulated a concrete
proposal and managed to get the support of the US Government (see
Braithwaite and Drahos 2000).
Both Braithwaite and Drahos (2000, 71) and Sell (2003) have pointed out
that the Intellectual Property Committee (IPC) had a crucial role regarding
TRIPS. It is noteworthy that such corporations as General Motors, General
Electric, Bristol-Myers, CBS, DuPont, Hewlett-Packard, IBM, Johnson &
Johnson, Merck, Monsanto, Pfizer, Rockwell International and Warner
Communications were members of the IPC already in the 1980s (Braithwaite
and Drahos 2000, 71; Sell 2003, 2). For instance, General Motors, General
Electric, Pfizer, IBM, Hewlett-Packard, Johnson & Johnson and Bristol-Myers
were amongst the worlds top 100 non-financial TNCs ranked by foreign assets
in 2004 (UNCTAD 2006, 2802). This finding supports the argument that the
emerging TCC had an active role in the causal history of TRIPS. Moreover,
one important task of the IPC was to build consensus among the transnational
business community and particularly among those economic actors that
originated from Japan, Canada and Europe (see Braithwaite and Drahos
2000, 71). This transnational consensus between TNCs and the support they
get from their country of origin governments was the key factor (at the level
of agency) in the successful establishment of TRIPS.
TRIPS is neither a sufficient nor necessary precondition for academic
capitalism, but by broadening the category of intellectual property and
strengthening the protection of intellectual property, it created incentives and
opportunity structures also for universities in line with the theory of academic
capitalism. In this sense, TRIPS has indirectly stimulated academic capitalism,
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I. Kauppinen
4. Conclusion
The main motivation behind this article has been the recognition that if we are
witnessing an on-going shift towards the transnational phase of capitalism, this
objective structural change should also be taken into account in higher
education studies. This is the case especially with the theories (e.g., academic
capitalism) attempting to understand and explain the integration of globalising
knowledge capitalism and higher education systems. In studying this
integration, it is not sufficient to explore only the role of nationally oriented
groups. One has to pay attention also to transnationally oriented groups such as
the emerging TCC whether it is defined as a ruling class or not, and regardless
of how embedded, or rooted, its members are in national domains. These issues
are also highly important, but they can be properly discussed only in another
article.
In this article, it has been suggested that the concept of the TCC is able to
enrich the conceptual basis of the theory of academic capitalism, when this
concept is amended to include (in an analytical sense) also an informational
fraction. The theoretical and conceptual insights provided in this article should
be subjected to more empirically oriented analysis that would be able to
provide evidence of the role of the TCC, not just in stimulating academic
capitalism, but also in those networks, circuits of knowledge and practices that
are constitutive parts of academic capitalism.
For instance, the transnationalisation of R&D (see, e.g., Kauppinen 2012),
board interlocks among universities and TNCs, and TCCs presence in various
intermediating organisations need to be examined to provide a background
against which further theoretical and empirical studies of the relationship
between globalisation, the TCC and academic capitalism may be carried out.
By investigating the linkages between higher education organisations and the
TCC, higher education studies would contribute to global capitalism literature.
This would be of great importance since, for instance, Sklair and Robinson
have paid insufficient attention to knowledge-intensive industry sectors, the
importance of higher education in economic strategies, and the visions of
various countries, in developing their theory of global capitalism.
Finally, it should be kept in mind that while previous academic capitalism
literature (e.g., Slaughter and Leslie 1997) suggests that TNCs are eager to
collaborate with universities, the integration between universities and TNCs,
and consequently TCC, is (just like the formation of TCC [Robinson 2004])
not a predetermined but an open-ended process and it may be pushed in
unexpected directions because of contingent conditions.
19
Acknowledgements
This research article was largely written at the Institute of Higher Education (University of
Georgia, USA), during my visiting period as a Fulbright post-doctoral researcher. I want to
thank, with the usual disclaimer, Brendan Cantwell, and Sheila Slaughter, as well as anonymous
referees, for their comments on an earlier version of this article.
Notes
1. On the distinction between trend and tendency, see Robinson (2004, 133, n5).
2. I will also set aside any questions on how we should conceptualise faculty in terms
of class (see Harvie 2000; Slaughter and Leslie 1997, 9), how students class
position effects their participation in higher education, and how higher education
contributes to the reproduction of the class structure.
3. At the same time, knowledge-based economy provides the discursive framework
within which the TCC is trying to solve the crisis of global capitalism as partly
caused by, the selfish and destabilizing actions of those [capitalists] who cannot
resist system-threatening opportunities to get rich quick. . . (Sklair 2002, 85).
4. It would be also relevant to study TCCs role in the causal history of WTOs
General Agreement on Trade in Services (GATS). GATS has stimulated for
instance transnational student markets in many countries and, consequently,
commodification of educational services.
5. The limitation of this article is that it illustrates the relationship between TCC/
TNCs and academic capitalism only in respect to intellectual property issues.
However, more comprehensive evidence regarding the role of TCC/TNCs (as
conceptualised by Robinson or Sklair) in driving academic capitalism would
require empirical studies that are not currently available (as far as the author
knows).
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