Word: marketization
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Dates: during 1990-1999
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...corrupted, materialistic attitude with which we Harvard students consume our education. In a world where scholars have turned pre-professionals and the grail of knowledge has turned into the golden calf of human capital, academic purists are crusaders in an unholy land--Willie Lomans in a web of modern market forces. Today's students do not take classes. They shop for them. They do not read Courses of Instruction. They read the CUE Guide, the academic equivalent of Consumer Reports. It is no wonder that, for the first time ever, professors caved into the demands of capitalism and started competing...
Friday, February 5: Frustrated that Social Analysis 10, "Principles of Economics," taught by Baker Professor of Economics Martin S. Feldstein '61, captures the top market share every year, the other Social Analysis professors collude to form a counter cartel but fail miserably. Subsequent market research shows why: Because Ec 10 is an indivisible full-year course, most students have already developed brand loyalty by the spring. Thus, the demand for Social Analysis 10 is shockingly inelastic. Susumu Kuno, Jay Jasanoff and Lynn Nichols, instructors for Social Analysis 34, "Knowledge of Language" are speechless...
Rice, who is responsible for all aspects of U.S. policy on Africa as special assistant to the president and senior director for African affairs, said, "The U.S. can hardly afford to ignore any emerging market or Africa's 700 million consumers...
...Geoffrey C. Upton to complain about Boston's "White" station, Kiss 108; now we have Jal D. Mehta spouting about Boston's "black" station, Jam'n 94.5 (Opinion, Jan. 25). Both writers seem to agree that each of these stations represents a lack of "integration" in Boston's radio market that reflects a corresponding lack of integration in Boston's social world...
What they have to realize is that commercial radio stations will never play more than 40 songs because they know that suburban dupes and office managers will keep their stereos and walkmen tuned in for at least a few minutes at a time--in other words, there's a market for the stuff. And those 40 songs will tend to be from a narrow range of tastes--the rule in commercial radio is "specialize to capitalize." If you want to hear a broader range of music, you have to look elsewhere. This is as true of classical music, for example...