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Book Cover
Author Brown, Phillip, 1957-

Title The global auction : the broken promises of education, jobs and incomes / Phillip Brown, Hugh Lauder, and David Ashton
Published Oxford ; New York : Oxford University Press, 2011


Description 1 online resource (viii, 198 pages) : illustrations
Contents Introduction -- The false promise -- Knowledge wars -- The quality-cost revolution -- Digital taylorism -- The war for talent -- Managing in the global auction -- High skills, low wages -- The trap -- A new opportunity
Summary "For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed. it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars." "Challenging this conventional wisdom. The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really works and how to thrive in it. Drawing on cutting-edge research based on a major international study. the authors show that the competition for good. middle-class jobs in now a worldwide competition---an auction for cut-priced brainpower---fueled by an explosion of higher education across the world. They highlight a fundamental power shift in favor of corporate bosses and emerging economies such as China and India. a change that is driving the new global high-skill. low-wage workforce. Fighting for a dwindling supply of good jobs will compel the middle classes to devote more time. money, and effort to set themselves apart in a bare-knuckle competition that will leave many disappointed. The authors urge a new conversation about the kind of society we want to live in and about the kind of global economy that can benefit workers, but without condemning millions in emerging economies to a life of poverty." "The Global Auction is a radical rethinking of the ideas that stand at the heart of the American Dream. It offers a timely expose of the realities of the global struggle for middle class jobs. a competition that threatens the livelihoods of millions of American and European workers and their families"--Jacket
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Social mobility -- United States
Educational attainment -- United States
Labor market -- United States
American Dream.
BUSINESS & ECONOMICS -- Knowledge Capital.
American Dream.
Educational attainment.
Labor market.
Social mobility.
United States.
Form Electronic book
Author Lauder, Hugh, 1948-
Ashton, D. N.
ISBN 9780199750825