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The Global Auction
The Broken Promises of Education, Jobs, and Incomes
Phillip Brown, Hugh Lauder, and David Ashton
224 pages
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235x156mm
978-0-19-973168-8
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Hardback
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27 January 2011
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- As America and Europe head into recession this book offers a timely exposé of the realities of the opportunity bargain, employment prospects, and prosperity of middle class Americans
- Raises counterintuitive, and at times uncomfortable questions to politicians, policy-advisors, business consultants, and academics, as well as those who seek to achieve or maintain middle class lifestyles
For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really works and how to thrive in it. The authors show that the competition for good, middle class jobs is now a worldwide competition--an auction for cut-priced brainpower--fueled by an explosion of higher education across the
world and a fundamental power shift in favor of corporate bosses and emerging economies such as China and India. These drivers of the new global high-skill, low-wage workforce threaten the livelihoods of millions of American workers and their families. Fighting for a dwindling supply of good jobs will compel Americans to devote more time, money and effort to set themselves apart in a bare-knuckle competition that will leave many disappointed. The Global Auction is a radical rethinking of the ideas that stand at the heart of the American Dream.Readership: Undergraduate and graduate students across the social sciences, in education and in business schools. Gerneral readers concerned with the changing impact of
higher education on economic wellbeing.
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Phillip Brown, Distinguished Research Professor, School of Social Sciences, Cardiff University, Hugh Lauder, Professor of Education and Political Economy, University of Bath, and David Ashton, Honorary Professor, School of Social Sciences, Cardiff University and Emeritus Professor at Leicester University
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"a brilliant new book" - Andrew Reinbach, The Huffington Post "very readable, powerful and unsettling analysis" - Roger Rees, The Open University Platform "it is aimed at a general public who, the authors argue, must be engaged in fight for a new opportunity bargain. Brown, Lauder, and Ashton pull this off with great skill. It is a very pacey read, communicating not only the urgency of the task at hand, but the social and political costs for all of us if we fail to look it squarely in the face ... this is a very important book, despite its uncomfortable truths." - Susan L. Robertson, British Journal of Sociology of Education "The authors are fine researchers and this is a
deeply compelling volume ... it should be read by anyone interested in postsecondary education, jobs, and incomes" - Lois Weis, British Journal of Sociology of Education "It is not often that a book is published that so neatly and concisely sums up the fundamentally ideological nature of a set of beliefs about the role that education is expected to play in the global knowledge economy ... Phillip Brown, Hugh Lauder, and David Ashton should be congratulated for writing such a book, which brilliantly takes on a discourse that has become both ubiquitous and hegemonic." - Fazal Rizvi, British Journal of Sociology of Education "This is a very important book ... their critique of the present state of global capitalism is both timely and
convincing." - Roger Brown, Times Higher Education Supplement "This is a challenging and very timely book. Written in an arresting, graphic style, it calls into question the comfortable belief that global capitalism can be a source of endlessly rising upward mobility in western societies, provided only that these societies continue with programs of educational expansion and reform. The gauntlet is thrown down to economists wedded to human capital theory and to sociologists who see education as the great engine of social mobility." - John Goldthorpe, Emeritus Fellow, Nuffield College, Oxford University "The Global Auction is a must-read for parents, college students, and policymakers. It poses a central contradiction. We press the
message to our children: 'Study. Get degrees. Get a good job. And you will live the good life.' And policymakers reinforce the drumbeat by insisting that more and better education is necessary to stay ahead of our economic competitors. But such claims have become platitudes for many individuals, dramatically at odds with the realities of income stagnation and poor job prospects. The authors explain how this dramatic breakdown between rhetoric and reality happened and how we might reconstruct an alternative future in which education becomes meaningful and fulfilling in its own right." - Henry M. Levin, William H. Kilpatrick Professor of Economics & Education, Columbia University "The Global Auction deals with one of the most pressing issues of our times: how the
significant expansion in the labor supply available to multinational corporations is leading to dramatic shifts in the location of employment around the world. It draws on years of in-depth research, offering valuable insights for both academics and business leaders." - David Finegold, Dean, School of Management and Labor Relations, Rutgers, The State University of New Jersey "Brown, Lauder, and Ashton's book is brilliantly argued and provides a wakeup call to global citizens everywhere. There is no substitute for the regulation of global capitalism in the interests of the many rather than the few, and this book slams the door on the last set of excuses for maintaining the current system - that somehow the educated will escape the race to the bottom." -
Kevin Leicht, Professor of Sociology, University of Iowa
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1.: Introduction
2.: The Promise
3.: The Education Explosion
4.: The Quality Revolution
5.: Intellectual Arbitrage
6.: Digital Taylorism
7.: War for Talent
8.: High Skills, Low Wages
9.: The Rat Race
10.: A New Opportunity
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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