This crippling of individuals I consider the worst evil of capitalism. Our whole educational system suffers from this evil. An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future.
I have yet to meet a single person from our culture, no matter what his or her educational background, IQ, and specific training, who had powerful transpersonal experiences and continues to subscribe to the materialistic monism of Western science.
I am not willing to be drawn further into the toils. I cannot accede to the acceptance of gifts upon terms which take the educational policy of the university out of the hands of the Trustees and Faculty and permit it to be determined by those who give money.
The coming peril is the intellectual, educational, psychological and artistic overproduction, which, equally with economic overproduction, threatens the well-being of contemporary civilisation. People are inundated, blinded, deafened, and mentally paralysed by a flood of vulgar and tasteless externals, leaving them no time for leisure, thought, or creation from within themselves.