SCHOOL DAZE (1988) (RCA/Columbia) $89.95. 114 minutes. * * * Spike Lee, Larry Fishburne, Giancarlo Esposito, Jane Toussaint. From Lee, maker of She's Gotta Have It, a fresh and sassy interpolation on the theme of Revenge of the Nerds. At a mythical black campus called Mission, there are the jocks, light- skinned dudes worried about the right fraternity. Then there are the politicos, dark-skinned fellas worried about human rights in South Africa. The factions confront each other in this serious comedy about black racism, a film that makes up for in content what it lacks in continuity.
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