Higher Education in a Global Society

Higher Education in a Global Society

Edited by D. Bruce Johnstone, Madeleine B. d’Ambrosio and Paul J. Yakoboski

Higher education functions in a global environment of consumers, employees, competitors, and partners. It has been a force for globalization and a model for adaptation, but nonetheless faces challenges. This volume of essays examines emerging issues and opportunities for advancing education across borders.

Chapter 1: The Significance of Globalization to American Higher Education

D. Bruce Johnstone

Subjects: business and management, management and universities, economics and finance, economics of education, public sector economics, education, economics of education, management and universities


D. Bruce Johnstone Globalization, along with its related parts of speech, “global” and “globalized,” has entered the lexicon of journalists, academics, and policy analysts, multiplying like organisms on a Petri dish. While such terms crowd out some old words like “international” and “internationalization,” they also add new and richer connotations that suggests their origin in much that is new to the decades before and after the turning of the 21st century: new technology, the ubiquity of the computer and digitization, the Internet, the lowering of trade barriers, and the ascendancy of market capitalism. Like many such terms, however, globalization is also almost certainly overused, or at least used with insufficient appreciation of its normative connotations: that is, its disparate and densely packed political and ideological critiques, especially against trade, capitalism, privatization, liberal (that is, market-oriented) economics, and the international organs of expanding free enterprise and trade, such as the International Monetary Fund and the World Bank. Much of this normative critique is, well, critical. “Critical” is academic shorthand for the social criticism of (most) international trade and more generally of markets, economic competition, multinational corporations, privatization, and capitalism – at least of the Anglo-American variety, which is thought to encourage all of these aforementioned proclivities in supposed excess, in contradistinction to Nordic, or welfare state, or “soft” capitalism, or simply to garden variety socialism. This discourse is of some interest to me in my capacity as a scholar of international comparative higher education economics and finance, even though my disagreement with...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information