Whether the final years of the twentieth century and the beginning of the twenty-first will from the historical distance be eventually seen as high intellectual modernism reaching even higher with one of its key institutions — the modern university — continuing to prosper, or something else, remains yet to be known. Commentators as different as Randall Collins (1998) and John Deely (2001) remain skeptical, suggesting rather that we stand at the beginning of deep revision of our philosophical understanding similar in the scale to that of the late Latin period in the early 17th century (Deely 2002). Philosophers of higher education in best of the days see the university in terms of complexity almost beyond the grasp of human understanding (Barnett 1999), on other occasions just in turmoil (Wallerstein 1969) or the institution of higher learning being ruined (Readings 1996). The chances that the period in the history of European higher learning known to future students of the continent’s intellectual climate as the decade of Bologna Fever will be remembered as a period of great intellectual revival, or even of temporary stability remain slim. For many in the academia these are tough times after unprecedented growth and prosperity of the university. While academics make enormous efforts convincing themselves first, on the exponentially growing value of exponentially increasing amounts of knowledge circulating in our knowledgeable societies, before moving on to mesmerise the stakeholders, it is likely that with the availability of funds lagging significantly behind the rate of growth in the volume of knowledge products on offer, the unit price, and with it the value of any single knowledge producer, has been set on decline.
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Tomusk, V. (2007). The End of Europe and the Last Intellectual. In: Tomusk, V. (eds) Creating the European Area of Higher Education. Higher Education Dynamics, vol 12. Springer, Dordrecht. https://doi.org/10.1007/978-1-4020-4616-2_13
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