Abstract
Abstract This paper provides a critique of neo‐liberal political economy of education. It is argued that neo‐liberal ideology trades off democracy against ‘economic efficiency’. However, the consequence of the application of neo‐liberal principles to education is that overall standards of education are likely to decline, thereby creating the conditions for a low skilled, low morale workforce. It is suggested that this outcome is consistent with the Neo‐liberal creation of a low wage low technology economy. On the basis of the critique, an alternative education system concerned with meeting the aims of an education for a democratic, economically sophisticated, society is sketched.
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