Tuesday, February 28, 2017

David F. Ruccio — Why human capital is not capital

Neoclassical economists folded land into capital to obscure land rent. Now the push is on to fold labor into capital to obscure expropriation and exploitation as conditions in the creation and distribution of surplus value across the traditional factors or production — capital, land and labor.

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Why human capital is not capital
David F. Ruccio | Professor of Economics, University of Notre Dame

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