CAPITALIZATION OF EDUCATION: SYSTEMATIC LITERATURE REVIEW

Authors

  • Syamsul Arifin Sekolah Tinggi Ilmu Ekonomi Pemuda Surabaya
  • Fahmi Ashari S Sihaloho Universitas Negeri Medan

Keywords:

Education capitalization, Education, education economics, education market, SLR

Abstract

This study presents a systematic review of the literature discussing the capitalization of education, which refers to the phenomenon where economic and market values increasingly dominate the education sector. The Systematic Literature Review (SLR) method was used to identify, analyze, and synthesize the latest findings from various relevant literature sources. The results of this review reveal various trends, impacts, and challenges faced by education in a global context increasingly influenced by economic dynamics. Additionally, this study explores how the capitalization of education affects educational policies, teaching practices, and the accessibility of education for various societal groups. By gaining a deeper understanding of these aspects, this research provides valuable insights for designing more equitable and sustainable educational strategies that can accommodate economic needs without sacrificing the principles of inclusivity and fairness in education. These findings are expected to serve as a foundation for more informed decision-making in developing future education systems.

References

Apple, M. W. (2001). Educating the "right" way: Markets, standards, god, and inequality. Psychology Press.

Ball, S. J. (2007). Education plc: Understanding private sector participation in public sector education. Routledge.

Carnoy, M., & Rothstein, R. (2013). What do international tests really show about U.S. student performance? Economic Policy Institute.

Giroux, H. A. (2014). Neoliberalism's war on higher education. Haymarket Books.

Levin, B. (2012). The semi-privatized global education race: The challenge of aligning education policy with international developments. Journal of Education Policy, 27(5), 555-566.

Marginson, S. (2006). Dynamics of national and global competition in higher education. Higher Education, 52(1), 1-39.

Sellar, S., & Lingard, B. (2014). The OECD and global governance in education. Journal of Education Policy, 29(2), 229-243.

Spring, J. (2015). Globalization of education: An introduction. Routledge.

Verger, A., Lubienski, C., & Steiner-Khamsi, G. (Eds.). (2016). World yearbook of education 2016: The global education race. Routledge.

Wrigley, T., & Holford, J. (Eds.). (2016). Private education: Studies in choice and public policy. Oxford University Press.

Published

2023-12-01

How to Cite

Arifin, S., & Sihaloho, F. A. S. (2023). CAPITALIZATION OF EDUCATION: SYSTEMATIC LITERATURE REVIEW. REKOGNISI : Jurnal Pendidikan Dan Kependidikan (E-ISSN 2599-2260), 8(2), 18–22. Retrieved from https://jurnal.unusu.ac.id/index.php/rekognisi/article/view/163

Issue

Section

Articles