- Capitalism and Alternatives -
Makes sense to me.
Posted by: frenchy on September 12, 1999 at 14:25:43:
In Reply to: No one forced those people to go to a university or college and recieve a higher education. posted by David on September 12, 1999 at 00:34:38:
: Your analysis of the university system as capitalistic is incorrect. You first need to differentiate between a private university and a public one. A public university recieves huge subsidies from the government and its profits are reinvested into the campus. A private university recieves no government money and is generally smaller. Private universities often grant very large scholarships to promising young students, often at a loss. The reason they do this is that they know that if that promising student becomes successful they will donate back to the university.
Makes sense to me. I wonder if that's why there are so many smart guys in these forums who favor one form of socialism or another?