ABSTRACT
Does capitalism need education? To many, this question may seem strange. Don’t we live in the age of the “knowledge economy”? Are not Organisation for Economic Co-operation and Development (OECD) experts, those heralds of the free market and growth, going around the world, telling us that “the most effective modern economies will be those that produce the most information and knowledge-and make that information and knowledge easily accessible to the greatest number of individuals and enterprises [and that] countries and continents that invest heavily in education and skills benefi t economically and socially from that choice” (Schleicher, 2006)?
