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Title:Rethinking U.S. education policy: four paradigms of the knowledge economy
Author(s):Araya, Daniel
Director of Research:Peters, Michael A.
Doctoral Committee Chair(s):Burbules, Nicholas C.
Doctoral Committee Member(s):Peters, Michael A.; Cope, William; Waks, Leonard
Department / Program:Educ Policy, Orgzn & Leadrshp
Discipline:Educational Policy Studies
Degree Granting Institution:University of Illinois at Urbana-Champaign
Subject(s):U.S. Education Policy
Obama Administration
Public Policy
Knowledge Economy
Creative Economy
Network Economy
Green Economy
National Innovation System
Human Capital
Social Investment
Information and Communication Technologies (ICTs)
Peer Production
Peer-to-Peer (P2P)
Creativity and Innovation
Abstract:It is no coincidence that rising demand for advanced education has developed in parallel with the globalization of a market economy. Theories on “human capital formation” are increasingly seen as the key to expanding economic growth and advancing creativity and innovation. At the same time, mounting concern about rising competition has triggered a wide-ranging debate about the kinds of skills and competencies needed for a knowledge economy. More recently, accelerating technological innovation has now called into question the value of conventional thinking on education. Many economists point to the strong likelihood that advanced artificial intelligence and robotics will begin displacing much of the global workforce by as early as the middle of this century. Today, 25 percent of adults around the world are either unemployed or underemployed. Indeed, in the United States rising numbers of university graduates face a very weak labor market and rising levels of student debt. This research study examines policy proposals for rethinking U.S. education policy in light of the globalization of the capitalist market and contradictory forecasts on the knowledge economy. It examines the genealogy of the discourses on postindustrial society and explores “paradigms” of the knowledge economy that now shape public policies in the United States. Drawing on discussions of the “Creative Economy”, the “Network Economy”, and the “Green Economy”, it critiques U.S. educational policies authored by the Obama Administration and considers the need for a new educational policy framework that is better adapted to an era of accelerating innovation.
Issue Date:2014-09-16
Rights Information:Copyright 2014 Daniel Araya
Date Available in IDEALS:2014-09-16
Date Deposited:2014-08

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