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This is an important article that gives us all a chance to learn about human capital theory and how it is some bullshit.
currentaffairs.org/2019/09/cancel…
currentaffairs.org/2019/09/cancel…
Human capital is the idea that the "value of labor is connected to what that labor produces. If you can produce things of high value, but you’re not getting paid an amount that reflects that high value, you’ll go produce value for someone who will pay you more."
Through competition between employers, wages should supposedly approximate the 'value' of labor as measured by what that labor produces. And the value of an individual’s labor—again, linked to the value of what they can produce....
