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HUMAN CAPITAL AND EDUCATION OF DESIRES AFTER MICHEL FOUCAULT

HUMAN CAPITAL AND EDUCATION OF DESIRES AFTER MICHEL FOUCAULT Since the 1960s, human capital theory has gained prominence by postulating education as the mean of increased monetary returns on social and personal investment. The pursuit of knowledge for economic ends is in line with productive power of economics as a social science that positions humans as subjects and subjected to a form of knowledge. This paper extends Foucault’s (2008) analysis of human capital as an important aspect of “American neo-liberalism.” The paper as a short genealogy of human capital exposes the assumptions about “human” and primacy of “capital” over humanity by connecting its role in establishing a mode of self-governance that begins with education as public and private endeavor. Situating human capital in a historical context it becomes visible that the scholarship of the proponents of the theory offers more than a language to economic education and to economize education. As a construction of knowledge human capital constitutes a mode of existence by altering education and labor. JEL codes: E24; J24; N3 Keywords: human capital; education; Foucault; governmentality; biopolitics http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Self-Governance and Management Economics Addleton Academic Publishers

HUMAN CAPITAL AND EDUCATION OF DESIRES AFTER MICHEL FOUCAULT

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
2329-4175
eISSN
2377-0996
Publisher site
See Article on Publisher Site

Abstract

Since the 1960s, human capital theory has gained prominence by postulating education as the mean of increased monetary returns on social and personal investment. The pursuit of knowledge for economic ends is in line with productive power of economics as a social science that positions humans as subjects and subjected to a form of knowledge. This paper extends Foucault’s (2008) analysis of human capital as an important aspect of “American neo-liberalism.” The paper as a short genealogy of human capital exposes the assumptions about “human” and primacy of “capital” over humanity by connecting its role in establishing a mode of self-governance that begins with education as public and private endeavor. Situating human capital in a historical context it becomes visible that the scholarship of the proponents of the theory offers more than a language to economic education and to economize education. As a construction of knowledge human capital constitutes a mode of existence by altering education and labor. JEL codes: E24; J24; N3 Keywords: human capital; education; Foucault; governmentality; biopolitics

Journal

Journal of Self-Governance and Management EconomicsAddleton Academic Publishers

Published: Jan 1, 2017

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