Phi Beta Cons

The Academic War on Capitalism

Stanford University attracted widespread criticism this past spring when it axed the class entitled, “Moral Foundations of Capitalism,” despite the fact that the class was popular among students.

As it turns out, however, Stanford’s move is indicative of a larger problem in academia, where “capitalism” has long been used as if it were an epithet.

Jessica Cruzan writes the following:

A survey by The College Fix of 31 public and private universities across the nation found that the subject of capitalism is often either maligned, ignored, or taught from a perspective other than objective economics.

Out of the 60 classes uncovered, only six were economic elective classes geared toward an objective look at the most influential economic system in modern history.

Here are a couple of my favorite course titles from the survey:

Magical Money and Enchanted Capitalisms, a Religion course at Wesleyan University

Global Capitalism Racial Society, an Afroamerican and African Studies class at University of Michigan

Markets, Morality and the Future of Capitalism, a Philosophy course at the University of Pennsylvania

Poverty under Post Industrial Capitalism, a joint Economics and African American Studies course at Yale University

Click here to read the full story.



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