FreshEd #29 - The end of Human Capital Theory? (Hugh Lauder)
FreshEd
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Methodological Individualism in Human Capital Theory
One of the critiques you put forward is that human capital theory often employ methodological individualism. And so it neglects things like history and perhaps the privilege that one could get from his or her parents rather than just their individual unique ability to learn. So it neglects history. It neglects the structures which govern our societies such as class, patriarchy, racism. They don't enter the story at all. All that is simply discounted in this kind of explanation which focuses on individuals.
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