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Globalization, Knowledge, and The Myth of The Magnet Economy

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The Knowledge Economy and Lifelong Learning

Part of the book series: The Knowledge Economy and Education ((KNOW,volume 4))

Abstract

The dominant view today is that we have entered a global knowledge economy, driven by the application of new technologies and collapsing barriers to international trade and investment, accelerating the evolutionary path from a lowto a high-skills economy. Becker (2002) has depicted an ‘age of human capital,’ where the prosperity of individuals and nations rests on the skills, knowledge and enterprise of all rather than the elite few that drove industrial capitalism in the twentieth century. This view is reflected in the central role of education in national economic and social policy.

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Authors
  1. Phillip Brown
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  2. Hugh Lauder
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Editor information

Editors and Affiliations

  1. University of Toronto, Ontario, Canada

    D. W. Livingstone

  2. University of London, London, UK

    David Guile

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Brown, P., Lauder, H. (2012). Globalization, Knowledge, and The Myth of The Magnet Economy. In: Livingstone, D.W., Guile, D. (eds) The Knowledge Economy and Lifelong Learning. The Knowledge Economy and Education, vol 4. SensePublishers, Rotterdam. https://doi.org/10.1007/978-94-6091-915-2_6

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