The Natural Rate of Education as the Factor of Stability of Political Regimes. Part II

The given article contains hypothesis about the increasing level of influence of the system of tertiary education on stability of political regimes in many modern countries. In order to reveal the mechanism of such influence the author proposes the concept the natural rate of education which reflects optimal balance between labor market and educational system from the perspective of avoidance and tackling of social protests and instability. The author supposes that the stabilizing function of the system of tertiary education is caused by its role of the specific regulator of labor market and its capability to involve millions of young males, providing them long-term occupation. Under the state policy this stabilizing function may be enormously exaggerated and even reach the point of extremum and become counterproductive. The article contains interdisciplinary approach, being on junction of political science and economics. The author uses selected methodological foundations of the theory of human capital and introduces the following notions: educational pyramid, educational bubble, educational scissors and others.
The second part of the article contains a case study. The cases included are the postWW2 United States, Egypt and Tunisia before the Arab spring and modern Russia. The author stresses that Russian tertiary education system plays a unique and significant political role.

political stability, tertiary education, political regime, protest movements