Frank Inkwright

Marketisation, Inequality & the Slow Death of Fe: Analysis of the State of the Economy & Further Education Frank Inkwright

This book explore the economic crisis affecting the developed world, widening wealth gap and the impact of market forces on society. The book explore economic systems, investigate problems facing humans all over the world, investigate problems caused by poverty and the wealth gap, investigate motivation, discuss ideas of Taylor. The book also looks into the ideas of Keynes, Hayek and Marx. Further investigates capitalism and banking in general. OFSTED (2012) has been critical of the FE sector. The impact o marketisation on Further Education is examined along with reasons for the decline in quality. The difficulties faced by teachers due to the inspection process are explored. Many families are affected by the state of the economy in Western countries. Many in the middle class and working class have lost their jobs. Many lecturers have been made redundant and others have experienced a reduction in their pay, job security, job satisfaction accompanied by an increased workload. We have also witnessed the slow death of the British Industry, with massive job losses. At the same time, the rich have got richer and the poor got poorer, widening the wealth gap. The widening wealth gap has caused widespread social inequality and injustice. Due to widespread application of automation and new technology, many jobs that required humans have disappeared. Is it fair to blame the unemployed when there is a real scarcity of suitable jobs? A new economic model and new thinking is needed to avoid wasting human talent, creativity, and drive and to give people self respect and dignity.