New Books in Education cover image

Neil Vallelly, "Futilitarianism: Neoliberalism and the Production of Uselessness" (MIT Press, 2021)

New Books in Education

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Human Capital Theory, a Critique of Human Capital

Human capital theory is an important part of cananel neliberal economic thinking, particularly in the work of someone like ga becker and from the chicago school of economics. In a very brief, basic way, i's essentially seeing the human beingand seeing ourselves as a form of capital so that everything we do is a ind of investment in our human capital. And this logic, it is often used, you know, to justify the fact that sudent should have to pay for their education. Because, em, it's their making, ta investment in their future human capital. Am, and therefore education transformed from something like a social right, o, something that citizens should get

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