From regulatory capture through revolving doors and lobbying, to media capture through purchase, and now academic capture through donation, it seems no activity is safe from large concentrations of wealth.
(Caveat that the following is US-centric.) I'd love to see the data showing actual price gouging, because the data I've seen has generally suggested that per-student spending hasn't even increased at a pace equivalent to inflation; rather, funding didn't increase with enrolment, leading to students paying for an ever-higher share of their education.
(As for private universities... fine, I'm okay calling it price gouging.)
Generally Non-resident tuition is the cost it takes to educate a student. Resident tuition is cheaper because it's subsidized by the state. Every year we would get less and less funding from the state and would have to shift more burden to the student. We implemented furlough days, and cut admin staff compensation to attempt to reduce the tuition burden on students. We still had to raise Tuition faster than inflation in the end.
That's nearly a quarter million dollars, of which the professor is probably getting a few thousand. where is the other $200k+ going?
So yeah, not a lot of tuition is making it to the low rung teachers.
Even if what you say is true, which I do not grant, your implication is akin to "we should not punish criminals, because some other criminals will rise to take their place." It's a defeatist meme that mainly serves to protect the interests of the already-powerful.
Some work is never done, but that is not a reason to give up on it.
I hope you can see the ridiculousness is saying that corporations should be limited in wealth as well, but even if you can't, let's assume they are limited the same. Now it becomes easier to buy them off, because they are comparably smaller.
The only logical solution is to allow both corporations and individuals to accumulate as much wealth as they are able to. Rich people aren't the problem, corrupt people are. Instead of trying to make rich corrupt people less rich, why don't we try to make them less corrupt instead?
Of course doing something halfway would not accomplish much.
People - maybe. But why corporations? Isn’t that double taxation? The only way money leaves a corporation is through people which will be taxed eventually.
As for the healthcare system, it doesn’t need more money. It needs an extreme regulation and red tape shake up. We could have vastly better healthcare today for the same amount of money that’s already there if not for the bureaucratic mess and an army of administrators tending to it.
Double taxation already happens today.
> And it never will be. This is a human problem. No amount of laws and regulations will ever solve it.
Come on. Wealth is literally a creature of "law and regulations," and changes to them can definitely "solve it." That's trivially shown by the through a thought experiment where we imagine legal changes that lead to Zuckerberg having his wealth confiscated and Facebook being placed under the control of some person or entity who is not its ally and is not allowed to profit from it.
I think I need to make extra-clear that my example is an extreme one to clearly disprove your point, not the only regulatory option available or a policy proposal. Don't get distracted by irrelevant details.
Defeatist memes like what you said circulate widely to encourage paralysis, but they're propaganda or its derivatives, not truth.
Without laws you don't have anarchy, you just have rule of strongest. Anarchy can have laws but no authority that enforces them.
Huh? Maybe in the deep, deep past; but definitely not now. Even back then, where there were no states and little social organization, there was still custom within groups that worked like law.
> Some laws can remove wealth and some laws are gonna take a lotta of guns and manpower (resources ==wealth) to implement.
Zuckerberg and Facebook have no army and no means to raise one, despite the wealth they have. They are totally, utterly at the mercy of laws and regulations.
Clearly there are plenty of extreme "solutions".
I interpret GP's point being an attempt to provide their insight into human condition, which is an interesting one.
Is graft a necessary condition of human civilization?
We don’t solve spectrum problems, we reduce and minimize them. Just because they exist to a degree and never are remediated doesn’t mean we shouldn’t seek to minimize them.
Corruption can lead to tax evasion, poor tax administration, and exemptions that disproportionately favor the well-connected and wealthy population groups in society and must be rallied against if we seek civil societies.
We’ll never get rid of it. As you say. But if we don’t act against it these problems will grow like cancer and become insidious, infecting every aspect of society, so it’s deeply important not to embrace an apathetic approach or present them as inevitable.
They are intrinsic, but the level we tolerate — the “degree of corruption” — which I would argue is pretty high in this case, is most certainly counterable and definitely can be reduced.
Thomas Jefferson wrote, "But the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property....Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise"[0].
0. https://founders.archives.gov/documents/Jefferson/01-08-02-0...
And the prisoner's dilemma is a way of exploring/explaining these traits (though I expect these aren't exclusive to humans).
Nice way to say nothing of substance.