In the US there are generally 3 types of college/university professors.... Tenured, meaning they pretty much have a job for life barring criminal misbehavior or radical program cuts--including salary and benefits; Tenure-Track, meaning they are in line for such a position after a period of several years and evaluation of the university and their peers, also with salary and benefits, and an understanding that they will usually be employed to the end of the period where they will be evaluated for tenure (usually 4-6 years); or Adjunct, meaning paid on contract on a per course basis with no benefits and no commitment of employment.
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What's the point? How many papers on Othello do we NEED? My real problem is a crisis of my major. I am beginning to see all this work as just hateful dross. NOTHING new can be said about anything, esp. Shaxpeer.
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Yep. That's why we have Theory. Throw Shaxpeer in a blender with Gadamer or Foucault or Derrida and see what comes out.
ETA: My academic stylings are almost 20 years old. I'm sure they're out of date. Adapt as needed.