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College Inc.: US Universities’ Focus on Profit

Source: Indypendent

Imagine a business that rakes in billions of dollars in taxpayer funds, but provides its customers with a defective product that fails for more than half of them–though that track record hasn’t stopped the business owners from enjoying ever-increasing profits.

Sounds like the parasites of Wall Street or the insurance industry, doesn’t it?

But according to a U.S. Senate report, the same is true of a growing number of colleges and universities–the expanding sector of higher education that is run for profit. read more

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The Brawl Over Fair Trade Coffee

Source: The Nation

On May 20, the country’s oldest “fair trade” coffee company, Equal Exchange, purchased a full-page color advertisement in the Burlington Free Press. It was an open letter to the CEO of the Vermont-based Green Mountain Coffee company, the world’s largest buyer of fair trade–certified coffee. “We wish to congratulate you for your past deeds,” Equal Exchange wrote, “but now urgently request that you withdraw your support for the certification agency Fair Trade USA…in light of its unilateral decision to change the rules of fair trade.” read more