scholarly journals Integrating Human Capital and Human Capabilities in Understanding the Value of Education

Author(s):  
Enrica Chiappero-Martinetti ◽  
Anna Sabadash
2021 ◽  
pp. 1-21
Author(s):  
Lesley Powell

In this article, I build on critiques of the dominant skills orthodoxies that underpin National Skills Planning Systems (NSPS). I respond to calls for a broader conceptualisation of skills planning by discussing the contribution that the capability approach brings to the reconceptualisation of the role, purpose, and orientation of NSPS. Applying the capability approach as a thinking tool for building a broader approach to skills planning led to the identification of seven dimensions that frame an emancipatory approach to skills planning. My core argument is that COVID-19 has laid bare the urgent need for new approaches to skills planning that are informed by a different set of assumptions, driven by a different set of indicators, inclusive of different voices, undertaken through different processes, and, importantly, driven by a different set of goals. Responding to the call for a broader approach to skills planning and taking seriously the seven dimensions of an emancipatory skills planning system will require an alternative vision not only of skills and of work, but of society as a whole.


2020 ◽  
pp. 152-173
Author(s):  
Phillip Brown

This chapter redefines labor supply within the context of the new human capital. It seeks to recapture a wider understanding of education and human capabilities, given long-standing objections to treating individuals as passive consumers of knowledge. Labor supply is thus understood as a way of developing individual freedom and rebuilding social cohesion at a time of profound social and economic change. The chapter points out that the relationship between individuals, education, and employment in an era of twentieth-century industrialism is no longer appropriate in an age of machine intelligence. What it means to be educated, along with what it means to be employable, changes in different economic and spatial contexts and in relation to different models of employment.


2007 ◽  
Vol 36 (3) ◽  
Author(s):  
Allan Pitman

A reconceptualization of the human capital value of education as a private good, linked to a market oriented commodification of university knowledge, underpins a repositioning of universities as entrepreneurial enterprises. The implications for universities and the professoriate are explored, with a particular emphasis on the ways in which the institutions and work within them are being redefined. Canadian and Australian experiences are drawn upon. Une nouvelle conceptualisation de la valeur du capital humain en enseignement comme un bien privé, relié au savoir universitaire comme des marchandises destinées au marché, étaie une repositionnement des universités comme des entreprises commerciales. L'auteur explore les implications pour les universités et le corps professoral, avec une emphase particulière sur les façons dont les institutions et leurs travaux se redéfinissent. L'auteur se sert des expériences canadiennes et australiennes.


2017 ◽  
Vol 13 (1) ◽  
pp. 44-48
Author(s):  
P. Lucisano

Moving from a critical consideration of the politics of the European Commission concerning instruction in the last 20 years, the presentation highlights the contradictions in interpreting the value of education. Due to the prevailing interest of the financial ideologues stressing competition, Delors as Head of the European Union tried to draw the attention of economists toward the field of education, stressing the relevance of education for economic competition. Later on, as head of UNESCO Committee for Education, he tried to bring the attention back on the true value of education, but the damage was done. Curiously, in the UNESCO book, he used as mainframe the famous La Fontaine/Aesop’s fable (n. XLII) about the Farmer and his sons, emphasizing the need to better listen to the youngsters and to educate them to the values and social meaning of non-alienated work. However, the fable implies a pedagogical contradiction, because education requires trust and not escamotage. The deep anti-pedagogical result was to allow economists to think about education as just as a way to improve human capital.


2019 ◽  
Vol 135 ◽  
pp. 04040
Author(s):  
Nurali Kurbanov ◽  
Elena Sedova ◽  
Vera Shiyko

Foreign research highlights the increasing participation of human knowledge embodied in the concept of human capital and in value generation. Innovational approach to business has not yet gained comparable development within Russian mineral resource management market. A research is carried out to define the structure of human capital presented through the combination of human capabilities, intellect, health, obtained professional knowledge, motivation for continuous improvement, everything that is prerequisite for an increasing completeness throughout the transition to digital economy. The basis for the methodology is comprised of system, statistical, financial, economic, retrospective and trend analyses, as well as principles of systemacity and development. Human capital valuation tools are analyzed. Rationale is provided for human capital accounting methods and its presentation in financial reporting. The paper provides the basis for a performance index system for achievement of effect of human capital use throughout the increase of sustainable development in mineral resource management market using the example of metallurgical industry.


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