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The Death of Human Capital? - Its Failed Promise and How to Renew It in an Age of Disruption (Hardcover)
Loot Price: R2,412
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The Death of Human Capital? - Its Failed Promise and How to Renew It in an Age of Disruption (Hardcover)
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Human capital theory, or the notion that there is a direct
relationship between educational investment and individual and
national prosperity, has dominated public policy on education and
labor for the past fifty years. In The Death of Human Capital?,
Phillip Brown, Hugh Lauder, and Sin Yi Cheung argue that the human
capital story is one of false promise: investing in learning isn't
the road to higher earnings and national prosperity. Rather than
abandoning human capital theory, however, the authors redefine
human capital in an age of smart machines. They present a new human
capital theory that rejects the view that automation and AI will
result in the end of waged work, but see the fundamental problem as
a lack of quality jobs offering interesting, worthwhile, and
rewarding opportunities. A controversial challenge to the reigning
ideology, The Death of Human Capital? connects with a growing sense
that capitalism is in crisis, felt by students and the wider
workforce, shows what's at stake in the new human capital while
offering hope for the future.
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