Submitted by Charles Hugh-Smith of OfTwoMinds blog,
In a no-middleman system such as the one I propose in The Nearly Free University and The Emerging Economy: The Revolution in Higher Education, students (buyers) pay the lecturers, working professionals/mentors, adaptive learning providers, etc. directly, cutting out the middleman universities entirely because the system is based on the professional model of accredit the student, not the institution.
The same elimination of middleman-skimming is possible in a cash-barter only healthcare system: The “Impossible” Healthcare Solution: Go Back to Cash (July 29, 2009).
The Internet is enabling sellers and buyers to bypass the predatory State and the parasitic middlemen the State enforces. Banks–no longer needed. Sickcare cartels–no longer needed. Higher education cartel–no longer needed.
If you still think all these cartels are essential, please re-read the article on how people find new ways of living and interacting once the corrupt skimming operations of the State and cartels collapse.
Collapse of this system is akin to the collapse of debt-based serfdom. It’s called freedom, and it’s only a disaster for the middlemen-skimmers. For the rest of us, it’s a new arrangement with many advantages over the long term.