The death of human capital its failed promise and how to renew it in an age of disruption

"Human capital theory, or the notion that there is a direct relationship between educational investment and prosperity, has governed Western approaches to education and labor for the past fifty years. However, many degree recipients have experienced the opposite. This book demonstrates that the...

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Bibliographic Details
Main Authors: Brown, Phillip, 1957- (Author), Lauder, Hugh, 1948- (Author), Cheung, Sin Yi (Author)
Format: eBook
Language:English
Published: New York, NY Oxford University Press [2020]
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:"Human capital theory, or the notion that there is a direct relationship between educational investment and prosperity, has governed Western approaches to education and labor for the past fifty years. However, many degree recipients have experienced the opposite. This book demonstrates that the human capital story is one of a failed revolution that requires an alternative approach to education, jobs, and income inequalities. Rather than abandoning human capital theory, the book calls for a broader view of education not merely as schooling, but as the process of acquiring the skills necessary to take on a flexible range of jobs and roles. In a rapidly changing job market, workers will need to capitalize on the skills, talents, and personality traits that they have honed through a lifetime of learning, rather than their academic credentials. A controversial challenge to the reigning ideology on economics and education, this text provides important insights into the current plight of the overqualified, underemployed labor market"--
Physical Description:1 online resource (vi, 304 pages) illustrations
Bibliography:Includes bibliographical references and index
ISBN:9780190644345
0190644346
0190644338
9780190644321
019064432X
9780190644338