Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?

Capitalism and philanthropy have always had a great impact on American higher education. However, if their influence has been studied separately, the combination of the two has rarely been a subject of research. The aim of this paper is therefore to try to analyze the impact of philanthropic capital...

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Main Author: Carole Masseys-Bertonèche
Format: Article
Language:English
Published: Presses universitaires de Rennes 2016-02-01
Series:Revue LISA
Subjects:
Online Access:https://journals.openedition.org/lisa/8846
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author Carole Masseys-Bertonèche
author_facet Carole Masseys-Bertonèche
author_sort Carole Masseys-Bertonèche
collection DOAJ
description Capitalism and philanthropy have always had a great impact on American higher education. However, if their influence has been studied separately, the combination of the two has rarely been a subject of research. The aim of this paper is therefore to try to analyze the impact of philanthropic capitalism on the American higher education system and to see if this typical American experience can be transferred to the European model. Since the end of the 1970s, the balance of power in American higher education has clearly shifted to the private side and it is this “privatization movement” that this paper analyzes. It more particularly focuses on the top research universities, which have always set an example for other educational institutions in the United Sates as well as in the other countries of the world. After a brief recall of the changes that took place at the end of the 1970s in the funding of universities, the paper explains the new methods that have been developed to adapt to these changes and how philanthropic capitalism has helped to foster them. Then, in a second section, it studies the impact of the 2008 economic crisis on the sustainability of universities and the strengths and weaknesses of philanthropic capitalism.
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spelling doaj-art-091afa01ac41450da9e27d14163b03de2025-01-06T09:03:52ZengPresses universitaires de RennesRevue LISA1762-61532016-02-011410.4000/lisa.8846Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?Carole Masseys-BertonècheCapitalism and philanthropy have always had a great impact on American higher education. However, if their influence has been studied separately, the combination of the two has rarely been a subject of research. The aim of this paper is therefore to try to analyze the impact of philanthropic capitalism on the American higher education system and to see if this typical American experience can be transferred to the European model. Since the end of the 1970s, the balance of power in American higher education has clearly shifted to the private side and it is this “privatization movement” that this paper analyzes. It more particularly focuses on the top research universities, which have always set an example for other educational institutions in the United Sates as well as in the other countries of the world. After a brief recall of the changes that took place at the end of the 1970s in the funding of universities, the paper explains the new methods that have been developed to adapt to these changes and how philanthropic capitalism has helped to foster them. Then, in a second section, it studies the impact of the 2008 economic crisis on the sustainability of universities and the strengths and weaknesses of philanthropic capitalism.https://journals.openedition.org/lisa/8846higher educationprivatizationcapitalismphilanthropyeconomic crisis
spellingShingle Carole Masseys-Bertonèche
Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?
Revue LISA
higher education
privatization
capitalism
philanthropy
economic crisis
title Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?
title_full Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?
title_fullStr Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?
title_full_unstemmed Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?
title_short Philanthropic Capitalism and the American Funding Model of Higher Education: An Example for Europe?
title_sort philanthropic capitalism and the american funding model of higher education an example for europe
topic higher education
privatization
capitalism
philanthropy
economic crisis
url https://journals.openedition.org/lisa/8846
work_keys_str_mv AT carolemasseysbertoneche philanthropiccapitalismandtheamericanfundingmodelofhighereducationanexampleforeurope