In the present moment of global capitalism, the marketisation of higher education is a reality in the Global South and North. Yet, the Southern experience of marketisation differs from that of the North. This article examines how market-based development in Sri Lanka since the economic liberalisation of 1977 has reshaped Sri Lankan university…

Over the course of the 1980s and 1990s, the contours of neoliberalism took shape, as individual corporations implemented new strategies seeking to shift the frontier of control in their favor and increase their profits. Their actions began to shape the political and economic practices of both major political parties, and the orientation of…

The Obama presidency has been premised on a commitment to progressive social change in its a repudiation of unfettered free-market capitalism. It also signals the end of an era in which privatization, deregulation, and cut throat competition combined with a massive assault on the social state. While such reforms are welcome, they do not as yet go…

Prior to Poland's transition from central planning to a market system, which began in 1990, schools of business were non-existent in that country. Instead, university level instruction on economics during the socialist period was closely tied to ideological priorities, and limited to imparting skills suitable for planned economy. All universities…

Neo-liberal policies and programs regarding higher education operate to fulfill either one of two main goals. The first is the privatization of public education. The second objective is the creation of an "iron cage" of economic rationality and standardization, which functions to regulate the production of human capital in the public education…

In the last two decades, China's education has experienced significant transformations and restructuring on account of privatization and marketization. Unlike the Mao era when the state assumed the major responsibilities in financing and providing education, individuals and families have now to bear increasing financial burdens in paying for…

In the management of common property resources, privatization is often advocated as the surest path to sustainability because of its reliance on human self-interest in natural resources decision making. This article demonstrates that the motive of self-interest, though powerful, does not necessarily lead to environmental outcomes that promote the…

The typical method of presenting supply and demand in high school classes often leaves students with an impression that markets are simple and function effortlessly. In reality, the effectiveness of markets depends on the quality of complex institutions such as private property and property-rights enforcement. Students often do not realize that…

Globalizing trends--underscored by neoliberalism, privatization and imperial legacies--are changing the nature and purpose of education across the world. "With these rules of the capitalist game," a Colombian student argues, "the public university in Latin America has been played." Manifestations of these trends, however, vary…