Abstract
This paper addresses the issue of how lifelonglearning, globalisation and capitalism arerelated within late modernity. It is criticalof the argument that there is now anincreasingly homogenous global economy that isknowledge based and that unambiguously requiresa high level of cognitive skills in itsworkers. The idea that globalisation producessuch rapid changes in the world of work thatlearning must be ongoing to cope with it ischallenged.It is argued that the key issue forpolicy-makers concerned to encourage lifelonglearning is funding the provision of thoselearning opportunities that would otherwise notbe available. People can learn many worthwhilethings at work, at home and elsewhere ininformal associations. It makes little sense toduplicate the opportunity to learn those thingsformally or even in many cases, formally todistinguish such learning from living andworking.