Describes the Committee for Economic Development; its interest in education; its conviction that carefully designed, high quality education will enhance the nation's economic development; and its reasons for recommending educational reform from the bottom up, emphasizing liberal education, and urging funding of enriched preschool experience for…

Examines the private sector's historic role in human capital investment, emphasizing its contemporary interest in public education and the workforce. Private sector philanthropy is currently an issue of survival to public education. An important private sector role is to act as a political catalyst to push through essential educational reform. (SM)