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I can see feeling tied to the organization, but speaking from the outside, it appears to me that the collective power of tenured faculty has gone way down. The university can use adjuncts. Administrators have much more power than they used to have. And curriculum, which faculty used to control, is now much more influenced by student radicals.

Faculty getting together to set curriculum, requirements, and other academic characteristics of the institution end up creating specific capital. But my impression is that there is much less of this sort of thing than there used to be.

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