The gap between the demands placed an education and the resources
allocated to it by government has increased dramatically in recent
years. The education system in schools, TAFE colleges and
universities is expected to absorb youth unemployment and play a
key role in the modernisation of the economy, yet education
spending as proportion of GDP has declined. The notion of education
being important for its own sake and a key to equality in society
seems to have been set aside, and economics now dominates debate on
education policy. According to economic rationalists, education is
a part of the economy like any other.
This book summarises and analyses the major issues in Australian
education policy today: the relationship between education and
work; the reform of higher education and vocational training;
outputs and resources; class sizes; the role of government and the
public-private debate in schooling. It also examines the main
economic theories about education, including human capital theory
and free market theory, and finds them seriously inadequate as a
basis for policy. The author argues that economic rationalism has
installed a free market agenda at the heart of public education
policy, with deep consequences for the academic and democratic
development of Australia's citizens.
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