The focus of this article is the growing importance of entrepreneurship in the context of Swedish education policy. Departing from Foucault's concept of governmentality, this article analyzes some of the main ideas in the discourse on entrepreneurship education in Sweden and points out its specifics, as an instance of the broader educational and governing program of lifelong learning. This increasing emphasis on entrepreneurship challenges older pedagogical doctrines. In visions of entrepreneurial education, it becomes logical to emphasize the value of education for the economic system.