this materialistic outlook has seriously influenced education. fewer and fewer young people these days acquire knowledge only for its own sake. every course of studies must lead somewhere: i.e. to a bigger wage packet. the demand for skilled personnel far exceeds the supply and big companies compete with each other to recruit students before they have completed their studies. tempting salaries and ‘fringe benefits’ are offered to them. recruiting tactics of this kind have led to the ‘brain drain’, the process by which highly skilled people offer their services to the highest bidder. the wealthier nations deprive their poorer neighbours of their most able citizens. while mammon is worshipped as never before, the rich get richer and the poor, poorer.