The recently concluded negotiations between Columbia University and its graduate students/workers, ending a months-long strike by PhD students, serves as an object lesson in how the modern, private university no longer embodies the higher calling touted by Bollinger. Columbia’s approach to the contract negotiations with the grad students reveals how it has evolved into a kind of predatory business, more like a real-estate holding venture than an institutional actor whose original letter of patent positioned it outside of, and perhaps in opposition to, market-based, for-profit norms and values.

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