From the Economist‘s characterization of a view I happen to hold (click here for more on the brains business):
It is foolish to waste higher education on people who would rather study “Seinfeld” than Socrates, and disingenuous to confuse the pursuit of truth with the pursuit of profit.
How to recover the institution of the university? How to restructure society along those lines? What we have now doesn’t work: we just think it does.