And if that happens, they follow their passion and when they come out of college and don't find jobs who should they blame? How is the system's mistake that your passion is not in demand and doesn't pay well?
Look I'm not saying you should study philosophy at college. But at the same time you shouldn't look too surprised if with that degree you don't get a job that pays well.
How is this not disregarding? Just to put things a little bit into perspective. I have an advanced degree in physics and a minor degree in maths. The most part of my professional career have I spend in various IT related positions, running my own businesses for the last 15 years. I am making enough money to lead a comfortable life. But if basically the only even remotely relevant thing (by other measures than monetary, i.e. improving the lives of anybody else) I have ever done was build a website for a global NGO and a mobile app for a local opera house. If anything I have worked for companies whose success might quite likely have made that world a worse place.
Last year I accidentally ran into a girl I knew back in college. She was majoring in sociology. She is my age(40-50), still living in a shared apartment and currently working for close to minimum wage for a local non profit that helps fugitives and illegal immigrants to get legal support and generally help them in their daily struggles.
My point is: Yes I make more money, but I have an immense respect for people like her who sacrifice this for ideals and actually improve peoples live on a regular basis. And in this regard your attitude (like "but you should have better work to do than studying philosophy and arcane trivia about the past") is not only disregarding but insulting and quite frankly shortsighted and ignorant.
You really should read your Marx. We're in an overproduction crisis: the world's most pressing problem is its lack of problems to solve.
I am not disregarding humanities or history. But it makes more sense to read them when you have no other better work to do. Sorry for putting it bluntly, but you should have better work to do than studying philosophy and arcane trivia about the past.
>>Why should we not allow people to devote their life to historical studies?
Because they don't pay well. And sometimes don't pay at all. Nobody is going to pay you for just knowing 1000 things that happened some hundreds of years back. Such knowledge is not useful to solving any pressing problems that exist currently.
>>Society is creating enough wealth to ensure the pursuit of knowledge for those who wish to undertake it. And pursuit of knowledge is a more driving force for economic growth than any subsidy, any tariff.
Which knowledge, not all forms of knowledge are same. Are they?