"The nation’s universities have been deformed into playgrounds for billionaire hedge fund managers and corporate donors. Harvard University will rename its Graduate School of Arts and Sciences after the billionaire hedge fund executive and right-wing Republican donor Kenneth Griffin in honor of his $300 million donation. A decade ago, Harvard renamed the W.E.B. Du Bois Institute for African and African American Research after Glenn Hutchins, a private equity oligarch who donated $15 million to the institute. Harvard, to save face, said the famed Du Bois Institute was subsumed into the new entity, but the fact that Du Bois, one of America’s greatest scholars and intellectuals, would have his name replaced by a white equity mogul, lays bare the priorities of Harvard and most colleges and universities."