{"product_id":"capital-of-mind-the-idea-of-a-modern-american-university-9780226829203","title":"Capital of Mind: The Idea of a Modern American University","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eCapital of Mind is the second volume in a new economic history of American higher education, exploring how the modern university arose from institutional and ideological reforms to foster the mass production and consumption of knowledge. It raises questions about the role of scholarship in national development and international competition, and the optimal system of higher education for a capitalist democracy. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Hardback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 480 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 02 January 2024\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: The University of Chicago Press\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003eThe second installment in a groundbreaking new economic history of American higher education is Capital of Mind. Continuing from the first volume, Exchange of Ideas, Adam R. Nelson examines the early 19th century, tracing how the concept of the modern university emerged from a series of institutional and ideological reforms aimed at promoting the mass production and mass consumption of knowledge. This \"industrialization of ideas\" paralleled the industrialization of the American economy and catered to the needs of a new industrial middle class seeking practical and professional education. From Harvard in the north to the University of Virginia in the south, new experiments with the university concept sparked intense debates about the role of scholarship in national development and international competition, as well as whether higher education should be publicly funded, particularly during fiscal austerity.\u003cbr\u003e\u003cbr\u003eNelson's history reveals the intimate connection between capitalism and the university, raising crucial questions that remain relevant today. How do we understand knowledge and education as commercial goods? Should they be public or private? Who should pay for them? And, fundamentally, what is the optimal system of higher education for a capitalist democracy?\u003cbr\u003e\u003cbr\u003eThese questions are particularly pertinent in the current context, as higher education faces significant challenges and opportunities. On the one hand, the demand for higher education continues to grow, driven by factors such as the need for job skills, personal development, and social mobility. On the other hand, higher education institutions are facing financial pressures, including declining state funding, rising tuition costs, and increasing student debt.\u003cbr\u003e\u003cbr\u003eIn response to these challenges, there have been calls for reform in higher education, including increased public funding, greater access to affordable education, and improved quality of education. Some argue that the private sector should play a larger role in higher education, while others advocate for a more public-sector-driven approach.\u003cbr\u003e\u003cbr\u003eOverall, Capital of Mind provides a valuable contribution to the study of higher education in America, shedding light on the historical roots of the modern university and its relationship to capitalism. It raises important questions that will continue to shape the future of higher education in the United States and beyond.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 804g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 162 x 237 x 36 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9780226829203\u003c\/p\u003e","brand":"Adam R. Nelson","offers":[{"title":"Hardback","offer_id":45343745540346,"sku":"9780226829203","price":36.6,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/1710170443375_book.jpg?v=1710410824","url":"https:\/\/shulphink.com\/products\/capital-of-mind-the-idea-of-a-modern-american-university-9780226829203","provider":"Shulph Ink","version":"1.0","type":"link"}