Natural Rate of Education as the Factor of Stability of Political Regime. Part I

The given article contains hypothesis about the increasing level of influence of the system of tertiary education on stability of political regime in many modern countries. In order to reveal the mechanism of such influence the author proposes the concept 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 theory of human capital and introduces the following notions: educational pyramid, educational bubble, educational scissors and others.

political stability, tertiary education, political regime, protest movements