MOOCs are an essentially authoritarian structure; a one-way process in which the student is a passive recipient required to do nothing except “learn.” What he “learns” is only useful if it results in direct, measurable economic production. (Hence, for example, a degree in literature has an economic value of zero.) As a convenient by-product, the purveyors of this “education” can be “incentivized” by the profit motive. The invisible hand at work once again.
Or we can look at education as an interactive process whereby the job of the teacher is to encourage the student to think, thereby introducing him to an adult world in which he may devise a contributon of his own making.