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Higher education, knowledge capitalism, and the global auction for jobs

Brown, Phillip and Lauder, Hugh 2016. Higher education, knowledge capitalism, and the global auction for jobs. In: Scott, Peter, Gallacher, Jim and Parry, Gareth eds. New Languages and Landscapes of Higher Education, Oxford: Oxford University Press, pp. 240-255. (10.1093/acprof:oso/9780198787082.003.0012)

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Abstract

The chapter examines higher education and its relationship to the global labour market. Where once the demand for graduates was contained within national economies, it is no longer the case. The global demand for graduates is driven by the strategies of transnational companies, which seek ‘talent’ across the globe. This chapter assesses the impact of corporate strategies on the demand for graduates in specific countries and develops a theory of what we term the Global Auction for Jobs—including high-skilled jobs. This theory offers an explanation of the global (re)stratification of ‘knowledge’ work and also of rising income inequalities within the graduate workforce of America and Britain, which result from corporate models that draw a sharp distinction between managerial and professional talent, as distinct from other graduate employees.

Item Type: Book Section
Date Type: Publication
Status: Published
Schools: Social Sciences (Includes Criminology and Education)
Publisher: Oxford University Press
ISBN: 9780198787082
Last Modified: 13 Oct 2020 16:00
URI: https://orca.cardiff.ac.uk/id/eprint/104012

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