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Yes one might save the idealistic theory via various ad hoc assumptions, such as that people are ignorant in various specific ways and use prestige only as a heuristic to achieve their altruistic ends. But it seems far simpler to me to just postulate that people care primarily about affiliating with others who have been certified as prestigious.

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Educational-reform efforts typically start with a push for higher standards for teachers-that is, for the academic and cognitive requirements for entering the profession to be as stiff as possible. But after you've watched Pianta's tapes, and seen how complex the elements of effective teaching are, this emphasis on book smarts suddenly seems peculiar.

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Paul Graham theorizes about credentials.

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But that's not what higher education is about for students, at least not primarily. Students want to be vetted and certified. Faculty, administrators, accrediting bodies determine the definition of a particular degree. Students who earn the degree attain a particular identity. Are we going to allow students to determine their own curriculum and then at some self-determined end state that they are now certified to be public school teachers or lawyers or doctors? I suppose we could, and then we would leave it up to the employers (school districts for example) to determine if students were qualified. But I don't really see anyone wanting universities to abdicate that responsibility.

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Peer production thus abandons “credentialism” – a system of control used in modernity to protect information within a group, said Bauwens. Guilds, churches and universities are examples. In a p2p network, however, instead of making selections about work at the beginning, based on credentials, selection comes at the end, based on collective judgments.

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