TY - JOUR
T1 - Educational capitalisation
T2 - a co-formational feminist framework for conceptualising investment in for-profit education within the racialised and gendered political economy
AU - Moeller, Kathryn J.
AU - Kanopka, Klint
AU - French, Joanna
AU - Hook, Tyler
AU - Sedighi, Mariam
N1 - Publisher Copyright:
© 2024 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
PY - 2024
Y1 - 2024
N2 - This paper examines the processes through which education becomes valued as capital within the racialised and gendered political economy. Using the empirical case of venture capital (VC) investment in for-profit education companies, principally education technology companies and for-profit school chains, it puts forward the concept of educational capitalisation. We conceptualise it as the set of uneven processes, practices, and socio-spatial relationships through which value is extracted from educational processes and practices, and, thus, education is valued in terms of expected monetary return on investment. While our conceptualisation focuses on VC investment, this framework could be used to outline other processes of extraction and valuation in education, including private equity, investment banking, venture philanthropy, and public-private partnerships. We conclude with a co-formational feminist framework for guiding future research, policymaking, and educational decision making that considers the financial, socio-technological, learning & teaching, and political-legal aspects of educational capitalisation, with ethical considerations embedded within each of these domains.
AB - This paper examines the processes through which education becomes valued as capital within the racialised and gendered political economy. Using the empirical case of venture capital (VC) investment in for-profit education companies, principally education technology companies and for-profit school chains, it puts forward the concept of educational capitalisation. We conceptualise it as the set of uneven processes, practices, and socio-spatial relationships through which value is extracted from educational processes and practices, and, thus, education is valued in terms of expected monetary return on investment. While our conceptualisation focuses on VC investment, this framework could be used to outline other processes of extraction and valuation in education, including private equity, investment banking, venture philanthropy, and public-private partnerships. We conclude with a co-formational feminist framework for guiding future research, policymaking, and educational decision making that considers the financial, socio-technological, learning & teaching, and political-legal aspects of educational capitalisation, with ethical considerations embedded within each of these domains.
KW - edtech
KW - education policy
KW - for-profit education
KW - intersectionality
KW - investment
KW - racial capitalism
KW - technology
KW - Venture capital
UR - http://www.scopus.com/inward/record.url?scp=85203078173&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85203078173&partnerID=8YFLogxK
U2 - 10.1080/14767724.2024.2397811
DO - 10.1080/14767724.2024.2397811
M3 - Article
AN - SCOPUS:85203078173
SN - 1476-7724
JO - Globalisation, Societies and Education
JF - Globalisation, Societies and Education
ER -