If you're considering a life in academia it's worth watching this video and deciding if it's worth it to you or not. All of this is true.

https://www.youtube.com/watch?v=LKiBlGDfRU8

For me the answer is yes, despite all the problems, for two reasons.

Firstly, I'm lucky enough that I do have considerable freedom to work on the things that I'm interested in. If I was more interested in success or if I was on a 'soft money' position and forced to chase constant grants, I don't know if that would be true. But, such luck is rare.

Secondly, as a socialist I would feel very uncomfortable spending my creative energy on most of the non-academic things I'm qualified for: advertising and surveillance (i.e. tech companies), finance, or startups (making venture capitalists even richer). I could imagine academia getting bad enough that I'd make that choice, but for me it's not there yet. I completely understand that it is that bad for others and I mean no criticism of them.

In a way I suppose this is a sort of defence of academia, but it's a half hearted one at best. I think it's absolutely tragic and depressing that academia has become like this. Doing research should be one of the most joyful and creative things anyone could do with their lives.

Didn't know about this before posting and I think because of the interesting discussion that followed I'll leave my post up, but do see this comment since it seems the author of the YouTube video has some problematic views.

https://synapse.cafe/@axoaxonic/112225621387460997

My dream died, and now I'm here

YouTube
@neuralreckoning This is about value and sexism, but it's also about community. When I hear people talk about that, there is almost always a story of being isolated, and not feeling understood by peers. This is not to say the reality of value capture does not exist, but if you have a peer group who respect you, you'll often find a way to make space for meaningful work, and that meaning will be validated through your community's eyes.
@neuralreckoning Another issue is that bullshit is common in the corporate world as well. I made the move to govt, and I do feel that my work is much less meaningful than in academia. Private corporate bureaucracies don't seem any better.
@locha @neuralreckoning yes, but we should hold ourselves (meaning academia here) to a higher standard imho.