eprintid: 1542179 rev_number: 28 eprint_status: archive userid: 608 dir: disk0/01/54/21/79 datestamp: 2017-02-24 18:14:32 lastmod: 2021-11-23 01:05:54 status_changed: 2017-02-24 18:14:32 type: article metadata_visibility: show creators_name: Marginson, S title: Public/private in higher education: a synthesis of economic and political approaches ispublished: pub divisions: UCL divisions: B16 divisions: B14 keywords: Role of higher education, equality, neoliberalism, public policy, education market note: This is an Accepted Manuscript of an article published by Taylor & Francis in Studies in Higher Education on 13 Apr 2016, available online: http://www.tandfonline.com/10.1080/03075079.2016.1168797. abstract: The public/private distinction is central to higher education but there is no consensus on ‘public’. In neo-classical economic theory, Samuelson distinguishes non-market goods (public) that cannot be produced for profit, from market-based activity (private). This provides a basis for identifying the minimum necessary public expenditure, but does not effectively encompass collective goods, or normative elements. In political theory ‘public’ is often understood as state ownership and/or control. Dewey regards social transactions as ‘public’ when they have relational consequences for persons other than those directly engaged, and so become matters of state concern. This is more inclusive than Samuelson but without limit on costs. Neither definition is wholly satisfactory, each offers something, and each can be used to critically interrogate the other. The article synthesises the two approaches, applying the resulting analytical framework with four quadrants (civil society, social democracy, state quasi-market and commercial market) to higher education and research. date: 2018 date_type: published official_url: http://dx.doi.org/10.1080/03075079.2016.1168797 oa_status: green full_text_type: other language: eng primo: open primo_central: open_green article_type_text: Article verified: verified_manual elements_id: 1127633 doi: 10.1080/03075079.2016.1168797 lyricists_name: Marginson, Simon lyricists_id: SWMAR21 actors_name: Marginson, Simon actors_id: SWMAR21 actors_role: owner full_text_status: public publication: Studies in Higher Education volume: 43 number: 2 pagerange: 322-337 issn: 1470-174X citation: Marginson, S; (2018) Public/private in higher education: a synthesis of economic and political approaches. Studies in Higher Education , 43 (2) pp. 322-337. 10.1080/03075079.2016.1168797 <https://doi.org/10.1080/03075079.2016.1168797>. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/1542179/1/private%20revised%20as%20submitted%2010%20March%202016.pdf