ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

A Civilisational Casualty?

Invasion of Educational Universe by Neo-liberal Economic Thinking

The early 1960s witnessed attempts at constrictive reinterpretation of the role and purpose of education in terms of ideological premises, concepts and methodology of neoclassical economics, with "economics of education" being founded. In this newly-founded economic discourse, education is seen as a vehicle for "human capital formation", a key both to avowed growth of aggregate economy and to upward economic mobility of individuals/households. An increasing dominance of this narrow neo-liberal view of education has undermined the long-standing hold of the pre-existing vision and liberal view of education wherein it is a means not only to material progress but also to higher level of civilisational ethos, enlightenment and democratic citizenship.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top