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Review
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 )
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 )
Product Description
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.
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Most Helpful Customer Reviews
2 of 3 people found the following review helpful
Format:Hardcover
Every now and again a book is published which profoundly alters our conventional view of the world - The Global Auction is one such book. It moves beyond the conventional view that economies like the US and to a lesser extent the UK, are the major source of highly qualifed graduates who will lead the new global economy in the production of high value goods and services and who will be able to command a high price for their skills.
It convincingly shows through an examination of the data on educational perfoprmance, wage rates and economic performance that this picture is already fading. Its major contribution is a wealth of interview data from corporate executives and government policy makers which shows exactly why these old relationships are breaking down.
China and India, along with countries like South Korea and Singapore are producing huge numbers of high quality graduates, particularly in science and engineering who are prepared to work for significantly lower salaries than their UK or US coounterparts. And they all speak English! Furthermore,the governments of these countries do not believe that capitalist markets, left to their own devices, will produce the desired relationship between the education system and the economy. The authors show how these governments steer both the higher education system and the economy into mutually supporting, productive relationships.
This is not a dry academic text, but a highly readable and lively exposition of the relationship between government, education, learning and the economy. But it will make uncomfortable reading for both UK and US graduates and their governments.
It convincingly shows through an examination of the data on educational perfoprmance, wage rates and economic performance that this picture is already fading. Its major contribution is a wealth of interview data from corporate executives and government policy makers which shows exactly why these old relationships are breaking down.
China and India, along with countries like South Korea and Singapore are producing huge numbers of high quality graduates, particularly in science and engineering who are prepared to work for significantly lower salaries than their UK or US coounterparts. And they all speak English! Furthermore,the governments of these countries do not believe that capitalist markets, left to their own devices, will produce the desired relationship between the education system and the economy. The authors show how these governments steer both the higher education system and the economy into mutually supporting, productive relationships.
This is not a dry academic text, but a highly readable and lively exposition of the relationship between government, education, learning and the economy. But it will make uncomfortable reading for both UK and US graduates and their governments.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
3 reviews
3 of 3 people found the following review helpful
Fascinating account of impact of global economy on Western and Developing Countries
13 Jan 2011
Format:Hardcover
I'm no Sociology student, but 'The Global Auction' is well written in a really accessible style, while dealing intelligently with some complex issues backed up with extensive research and statistics. The book covers the impact of the huge economic growth in China and India on education there and the rise of massive global corporations with an ability to recruit top class graduates from around the world and move production almost anywhere, anytime. The book really delivers 'food for thought' for all of us: we think if our kids get into a good college they're made for life, but they're up against first-class graduates from around the world these days. Complacency just isn't an option anymore. We really need to change our outlook. As the book says with regards education standards around the world: if everyone stands up, then no one can see. I'd really recommend 'The Global Auction' to anyone considering their kids' futures; to people making policy in our schools and colleges; our politicians, and to our students. Strikes me that we all need to consider many of the issues covered in this book.
3 of 3 people found the following review helpful
Excellent critique of the 'knowledge society'
4 Jan 2011
Format:Hardcover
'The Global Auction' addresses some of the key issues of the day. It puts paid to any lasting faith in the so-called knowledge society and the promises that governments in the west have made in its name. The authors show how through the global auction for graduates, conducted by multinational companies operating in America, Britain, China, Germany, India, Singapore and South Korea, that a high skill low wage global economy is being built. Although we know that knowledge capitalism is in principle no different from any other form of capitalism, the highly educated among us probably believed that their college degrees might save them from stultifying and badly paid employment. 'The Global Auction' puts paid to this illusion by pointing to the masses of highly educated people in Asia and showing how jobs are being offshored from America, Britain and Germany to them. In turn this threatens western middle class expectations and aspirations.
The book is written in an easily understandable way for a broad audience. The many quotes from MNC executives makes it a vivid and a rich empirical source in the debate of the 'knowledge society'.
The book is written in an easily understandable way for a broad audience. The many quotes from MNC executives makes it a vivid and a rich empirical source in the debate of the 'knowledge society'.
1 of 3 people found the following review helpful
The education bargain
24 Dec 2010
Format:Hardcover|Amazon Verified Purchase
The book presents interesting ideas, unfortunately with few consistent figures. It explores an important issue, but is largely limited to impressions, with few consistent development of arguments. Certainly worth reading, without spending too much time on it.
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