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The Rise Of Human Capital Theory

The Rise Of Human Capital Theory If there was an award for the most pernicious scientific idea ever, what theory should get first prize? I would vote for eugenics, a theory that claims we can improve humanity through selective breeding. If there was a second prize, Id give it to human capital theory. I think of human capital theory as eugenics light. It purges the idea that abilities are innate (and that we should selectively breed the fit). But human capital theory keeps the Nietzschean idea ...
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