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What’s the future of capitalism?

LSE IQ podcast

CHAPTER

The Inequalities of the Past

Meli talks about human capital, a concept used by social scientists to designate personal attributes that help individuals or groups realize their potential and become productive members of society. They were absolutely obsessed with obtaining education for themselves or their children. And very much these lives revolved around education. Education, education that was very much part of their who they were in terms of their social identities, sense of belonging and social status. But we find as that some of these people lost absolutely everything. Their relatives were repressed. Many aristocrats emigrated. Some of their relatives stayed. It's the kind of ine, the non tangible aspect of inequalities that like human capital, endowments that cannot be simply

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