Money is the barometer of a society's virtue.
There are two sides to every issue: one side is right and the other is wrong, but the middle is always evil.
I've received several questions about a posting on Western Carolina University's receipt of a $1 million payment from BB&T, conditioned on giving Ayn Rand a more prominent place in the business school. To the extent that newspapers are relying solely on a WCU press release to report this big event, readers are missing out on the context and the background that explain why this is a troubling story.
First, the link to the original post, Atlas Shrugged:
Here’s the WCU news release announcing the gift:
Here’s a 2006 story on Meredith College’s rejection of the BB&T deal, in the interest of academic freedom:
More context on how BB&T has pushed for Ayn Rand at numerous colleges:
And despite their proclaimed enthusiasm for sink-or-swim free market capitalism, BB&T won’t turn down a government bailout. Of course not:
Though it doesn't address the BB&T matter specifically, this commentary from Cary Nelson, president of the American Association of University Professors, is an eye-opening piece on the trend toward the "corporate university":