New managerialism, neoliberalism and ranking

Abstract

This paper analyses the ranking of universities within the socio-political context of neoliberalism and the organisational context of new managerialism. It examines the forces that have facilitated the emergence of the ranking industry and the ideologies underpinning the so-called 'global' university rankings. What the paper shows is that rankings are a politically inspired mode of governance; they are designed to ensure that universities are regulated and con- trolled in accordance with market values. The seemingly objective character of rankings, in par- ticular the use of numbers, creates an impression that what is of value in education can be simply counted, hierarchically ordered and uncontrovertibly judged. The simplicity and accessibility of rankings deflects attention from their political and moral purposes. Rankings are reconstituting the academy, for both academics and students; they are a new mode of external governance through which market values are reframing the social relations of education. They have altered the cognitive and moral frames through which university education is being appraised. The paper calls for a debate on the public interest objectives of universities in the context of growing market regulation.